Tax Rates For America's Top 400 Earners Fell As Income Soared In 2007, According To IRS

The average top 400 rich person made $344 million and paid only $57 million in taxes. Maybe I have no conception of money, but $57 million doesn't sound like peanuts to me. Eliminate the the tax caps for Social Security and Medicare, make it a flat % Full Story »

Posted by Dwight Rousu - via OneRiot
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Member Tags: income disparity, class warfare
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# Diggs: 9 (as of 2010-02-17)
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Posted by: Posted by Dwight Rousu - Feb 17, 2010 - 9:48 PM PST
Content Type: Article
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Edited by: Dwight Rousu - Feb 17, 2010 - 10:06 PM PST

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Dwight Rousu
3.1
by Dwight Rousu - Feb. 22, 2010

The story notes income and tax treatment preferences for the very wealthy under two corporatist administrations.

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