Latest statistics show wealthy already pay more than taxes than other groups
Even before the 2013 high-income tax hikes, the rich bore a much higher total federal tax burden than the middle class.
By Guest Column Alan D. Viard—— Bio and Archives--January 21, 2016
American Politics, News | Comments | Back To Full Article
WASHINGTON, D.C.—Recent media coverage has prompted impassioned calls for Congress to close the “loopholes” that supposedly explain why the 400 richest taxpayers paid an average federal individual income tax rate of 16.7 percent in 2012.
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