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Politics : Formerly About Advanced Micro Devices
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To: bentway who wrote (631213)10/11/2011 9:30:48 AM
From: i-node3 Recommendations  Read Replies (2) of 1576951
 
>> No, they don't.

Of course they do.

The nonpartisan Tax Policy Center has crunched the numbers and found that Warren Buffett and his secretary are the exception to the rule. For the most part, the wealthy pay a significantly higher percentage of their income in taxes than middle-income workers.

The key numbers: this year those earning over $1 million will pay, on average, 29.1 percent on federal taxes. Those earning between $50,000 and $75,000 will pay 15 percent.

abcnews.go.com
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