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Your source doesn't support your claim - it doesn't compare effective tax rates of the top 400 taxpayers at all. A quick google search finds this graph which r
by yummyfajitas 11y ago
Your source doesn't support your claim - it doesn't compare effective tax rates of the top 400 taxpayers at all.
A quick google search finds this graph which refutes your claim:
http://www.pgpf.org/sites/default/files/2014_tax_explainer_chart3-crop.gif http://www.pgpf.org/sites/default/files/2014_tax_explainer_c...
http://www.pgpf.org/budget-basics/how-much-do-americans-pay-in-federal-taxes http://www.pgpf.org/budget-basics/how-much-do-americans-pay-...
Note also that this source includes corporate, estate and payroll taxes as well as income taxes, while your source looks only at income taxes. The top 0.1% pay 35.7% effective tax rate, the top 10% to the top 5% pay 20.3%, and the bottom 10% pay 3.1%.
- rockarage 11y agoOnce again, the claim isn't about the tax rate, the claim is about the top 0.1% using creative accounting to dodge their tax rate. The sources you provide does not refute that. The parent article is very specific about making the claim that the top 0.1% are dodging their tax rate and getting away with it.