Tax Day: Thank the High Earners

We should thank top earners rather than target them for even higher taxation. "Top earners are the main target of tax increases," writes the Heritage Foundation, but top earners already pay a disproportionate share of all federal taxes—the "top 10 percent of income earners paid 71 percent of all federal income taxes in 2010, though they earned only 45 percent of all income."  Conversely, the bottom 50 percent of all income earners paid only 2 percent of all federal income taxes.