Taxes and Obama's false math

I am on record with friends and family and in earlier blogs as saying a combination of spending cuts and revenue increases (read increased taxes) will be necessary to deal with the debt that the last generation and my generation have created.  These measures are needed to avoid making my children and grandchildren pay for our excessive spending habits.  Between Clinton's fake accounting, Bush led military efforts, idiotic bail outs by both Bush and Obama, and the disaster that is Obama's healthcare plan, we have simply spent way too much money as a government here in the U.S.  Now we must pay up.  But is Obama being factual and is Warren Buffet really talking about his income taxes when he says he paid less than his secretary?

A good article to peruse in considering this can be read here.  The facts do not appear to support Obama or Buffet in this matter.  Apparently most of the 46% of U.S. residents who will not pay any taxes this year (and many of these will actually receive returns on taxes without having actually earned an income to pay taxes on this year) are in the middle and lower classes.  And consider this from the Tax Policy Center and the IRS:

This year, households making more than $1 million will pay an average of 29.1 percent of their income in federal taxes, including income taxes and payroll taxes, according to the Tax Policy Center, a Washington think tank.

Households making between $50,000 and $75,000 will pay 15 percent of their income in federal taxes.

Lower-income households will pay less. For example, households making between $40,000 and $50,000 will pay an average of 12.5 percent of their income in federal taxes. Households making between $20,000 and $30,000 will pay 5.7 percent.

The latest IRS figures are a few years older — and limited to federal income taxes — but show much the same thing. In 2009, taxpayers who made $1 million or more paid on average 24.4 percent of their income in federal income taxes, according to the IRS.

Those making $100,000 to $125,000 paid on average 9.9 percent in federal income taxes. Those making $50,000 to $60,000 paid an average of 6.3 percent.

The facts simply do not support Obama.  While Buffet due to sheltering and taking advantage of take loopholes may have paid less than his secretary, this is not the case for most millionaires.  And if Buffet is so concerned, why doesn't he simply write a check to the government--he can do this, no one will stop him.