Saturday, March 14, 2009
Rich Are Paying Their Fair Share
Carpe Diem neatly summarizes, "...the income share of the top 1% increased by about .55% per year from 1986 to 2006, compared to the tax share of the top 1%, which increased by about .75% per year."
Bottom line is that the rich are paying more than their fair share.
CARPE DIEM: The Increasing Tax Share vs. Income Share Gap
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