Richest 400 Taxpayers Are Taxed At A Lower Rate Than A $29,000-A-Year Worker

http://www.politifact.com/rhode-island/statements/2011/feb/25/sheldon-whitehouse/whitehouse-says-richest-400-taxpayers-taxed-lower-/

According to calculations by Whitehouse’s office -- which match our own -- when you include Social Security and Medicare taxes, the effective tax rate for the wealthiest 400 Americans would have been 16.72 percent in 2007; the tax rate for a worker earning $29,000 a year would have been 16.79 percent.