In the 1960s, the 400 richest Americans paid about 50% of their income in taxes across all levels of government. Today, they pay about 24%.
In the 1960s, the 400 richest Americans paid about 50% of their income in taxes across all levels of government. Today, they pay about 24%.
Don’t forget how states try to bring people in by saying they have no income tax only to make it up off the backs of regular people with big sales or property taxes rather than actually taxing the wealthy.