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Another take on these statistics .. from https://www.cbsnews.com/news/why-its-a-myth-that-the-rich-are-overtaxed/ https://www.cbsnews.com/news/why-its-a-myth-t
by rfinney 8y ago
Another take on these statistics ..
from https://www.cbsnews.com/news/why-its-a-myth-that-the-rich-are-overtaxed/ https://www.cbsnews.com/news/why-its-a-myth-that-the-rich-ar...
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Who pays most of the country's taxes -- the rich, poor or middle class? If you add up it all up, including federal income, payroll, excise (such as for gas), and state and local taxes, it's pretty even. Each group's share of total taxes is roughly equivalent to their income.
In other words, concludes Washington advocacy group Citizens for Tax Justice, the U.S. tax system is only marginally progresssive, meaning that people at the top hardly pay any more than folks lower down the income ladder.