Who pays taxes anyway? Part 2

Last week, I talked about income inequality and whether top income earners are paying their fair share of taxes. I found that the top decile of income earners hauled in about 44% of income and paid 60% of federal taxes in 2014. Furthermore, the lopsided tax burden on the rich is a direct product of … Continue reading Who pays taxes anyway? Part 2

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Who pays taxes anyway? Part 1

Income inequality has grown since the 1970s. The rich are getting richer and they're also paying a bigger share of taxes. Are they paying their fair share?