Tipping the Rich, Taxing the Rest


by Anthony Sibley (AJ) on Jul 23, 2013 | Views: 83 | Score: 2
Top .001% Income-Earners90-99.99%80-90%60-8040-6020-40
196071.434.5817.416.715.913.9
197074.636.7620.520.720.218.5
198059.340.126.724.521.416.3
199035.431.0626.224.32116.2
200040.834.8226.423.92013.1
200434.730.122.720.516.19.4
Total federal tax rate paid by American households, grouped by income
Tax Rates for American Households
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Anthony Sibley (AJ)
Anthony Sibley (AJ) on Jul 23, 2013 3:17 AM said:

As Congress and the President have argued how to handle the federal deficit, disagreement invariably arises over raising taxes. While President Obama has called for tax increases on the upper-class, Republicans have insisted rather on even more stringent spending cuts. Since the 1960s, rates for the highest income-earners have precipitously dropped, while, for the middle-class, they have increased.

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