thanatos144
Gold Member
Like GE and all of obama's backers?Not true. Not only do the rich pay more, the percentage of the total is also higher.Hey dumb ass.. the rich do pay more.
True. But the percentage of the total is MUCH less.
The fortunate 400: David Cay Johnston
Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each. This is one of many stunning revelations in new IRS data that deserves a thorough airing in this year's election campaign.
In addition to the six who paid no tax, another 110 families paid 15 percent or less in federal income taxes. That's the same federal tax rate as a single worker who made $61,500 in 2009.
Overall, the top 400 paid an average income tax rate of 19.9 percent, the same rate paid by a single worker who made $110,000 in 2009. The top 400 earned five times that much every day.
Just 82 of the top 400 were taxed in accord with the Buffett rule, which proposes a minimum tax of 30 percent on annual incomes greater than $1 million.
The fortunate 400: David Cay Johnston
Six American families paid no federal income taxes in 2009 while making something on the order of $200 million each.
It's horrible when rich people obey the tax laws.
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