Changes

Income taxes are collected by the [[Internal Revenue Service]].  [[Republicans]], believing in a smaller, more efficient, and less expensive government, work hard to cut income taxes.

Income taxes are collected by the [[Internal Revenue Service]].  [[Republicans]], believing in a smaller, more efficient, and less expensive government, work hard to cut income taxes.

Since the Reagan Revolution of the 1980s, the top income tax rate paid by the rich has fallen sharply. However the proportion of GDP absorbed by federal taxes has remained constant at about 20%, in accord with "Hauser's Law".<ref> See [http://online.wsj.com/article/SB121124460502305693.html David Randon, "You Can't Soak the Rich," ''Wall Street Journal'' May 20, 2008]</ref>

Since the Reagan Revolution of the 1980s, the top income tax rate paid by the rich has fallen sharply. However the proportion of GDP absorbed by federal taxes has remained constant at about 20%, in accord with [[Hauser's Law]].<ref> See [http://online.wsj.com/article/SB121124460502305693.html David Randon, "You Can't Soak the Rich," ''Wall Street Journal'' May 20, 2008]</ref>

[[Image:Hauserlaw.jpg|thumb|275px]]

[[Image:Hauserlaw.jpg|thumb|275px]]