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.
This blog exists purely as a place for me to dump random links and thoughts I have rather than emailing them to my friends. It'll have large amounts of inside jokes. Also there will probably be times when I write "you" or refer to an email. Just pretend that you are reading an email to you. If you don't know me you likely won't find anything here interesting. If you do know me you also will not find anything here interesting.
Wednesday, March 2, 2011
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-/
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