Re:The Rich Do Pay Higher Taxes Than You
by pbreit on Thursday October 10, 2019 @03:13PM
(#21218136)
Does the article seriously quote the non-effective rates as the wealthy paying more?
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Re:The Rich Do Pay Higher Taxes Than You
by darawk on Thursday October 10, 2019 @03:15PM
(#21218169)
I'm not sure what you're referring to, but the source it cites is this:
https://www.cbo.gov/system/files/2019-07/55413-CBO-distribut...
I can't find the word "effective" in there. It just quotes the tax rates.
EDIT: I see what you are trying to say now. And the answer is no, it quotes the effective rate.
Re:The Rich Do Pay Higher Taxes Than You
by celticmusic on Thursday October 10, 2019 @03:24PM
(#21218248)
What the poster means is that official tax rate before all of the tax breaks, etc.
Maybe the top do officially pay 33%, but if they're able to get that number down to 16%, then their effective tax rate is 16%.