Quote:
Originally Posted by Rochard
We have this discussion every year. The rich do not pay taxes - or at lest not their fair share.
It's very simple. Someone who works in an office who makes $45k a year gets their W2 form, does the 1040ez, maybe writes off their mortgage if they have one. However, a businessman has a business and writes off everything.
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it states in the OP article that::::::
Rich people pay nearly 87% of all federal individual income tax in America
Income level Share of total federal individual income tax paid Average income tax bill per person
Lowest 20% -2.2% -$643
Second lowest 20% -1.7% -$621
Middle Income 4.2% $1,743
Second richest 20% 12.9% $6,285
Richest 20% 86.8% $50,176
Source: Tax Policy Center
45% of Americans pay no federal income tax