2 ms·

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-distribution-of-household-income-201

by darawk 7y ago

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-distribution-of-household-income-2016.pdf 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.

celticmusic 7y ago
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%.