2. In less than aquarter-millennium, the American Revolution will have evolved from “Notaxation without representation” to representation without taxation. Wehave bigger government, bigger bureaucracy, bigger spending, biggerdeficits, and bigger debt, and yet an ever smaller proportion ofcitizens paying for it.
The top 5 percent of taxpayerscontribute 60 percent of revenue. The top10 percent provide 75percent. Another40-odd percentmake up the rest. And half are exempt.