Re:Panama: The Hidden Trillions
by refurb on Sunday October 09, 2016 @10:08PM
(#12674601)
The rich currently pay effective income taxes at a lower rate than the middle class
That's not true at all.[1]
For those making $50K-$100K, 87% have less than a 15% effective tax rate. For those making $200K or more, Only 14% pay less than a 15% tax rate with 84% paying more than 15%.
Here is another set of data.[2] Effective tax rates are strongly associated with higher incomes.
That's not true at all.[1]
For those making $50K-$100K, 87% have less than a 15% effective tax rate. For those making $200K or more, Only 14% pay less than a 15% tax rate with 84% paying more than 15%.
Here is another set of data.[2] Effective tax rates are strongly associated with higher incomes.
[1]http://www.taxpolicycenter.org/statistics/effective-tax-rate...
[2]http://taxfoundation.org/blog/chart-day-effective-tax-rates-...