A disproportionate share of income taxes...

PowerLine has a lot of fun with this NYT article, Surprising Jump in Tax Revenues Is Curbing Deficit, which tries to diminish any foolish tendency people might have to think that that title might be good news.

One thing that caught my eye:

...One reason for the increased volatility may be that, contrary to a popular assumption, a disproportionate share of income taxes is paid by wealthy households, and their incomes are based much more on the swings of the stock market than on wages and salaries. About one-third of all income taxes are paid by households in the top 1 percent of income earners, who make more than about $300,000 a year. Because those households also earn the overwhelming share of taxable investment income and executive bonuses, both their incomes and their tax liabilities swing sharply in bull and bear markets...[My emphasis].

In simple terms: If you cut tax rates, the rich pay more of the taxes. You might define "liberal" as someone whose immune system rejects that fact like an alien infection. I remember trying to tell this to a squashy liberal after Reagan's tax cuts, more than 20 years ago. Without success. I bet the dear girl still thinks the rich are escaping their "fair share," and are paying less and less.

And statistics like this are something one often hears from Rush Limbaugh. To which liberals have no (logical) reply. When you hear that Rush is a "hatemonger," this kind of stuff is what they are really complaining about.