But over 50 years, the average revenue we've been able to extract from the American economy, the American people, 17.1%. So we're at that average at some point in time we need to recognize that reality, recognize that The top 1%... earn 20% of the income. They pay more than 40% of the tax. At some point, you have to realize that's probably a fair share. We've got progressive rates. So again, I'm not into raising people's taxes that would harm the economy. (05:00–05:06)
CLAIM
Asserts that the top 1% earn 20% of income and pay over 40% of taxes.
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