Home | About | Donate

Happy Tax Day, and Why the Top 1% Pay a Much Lower Tax Rate Than You


#1

Happy Tax Day, and Why the Top 1% Pay a Much Lower Tax Rate Than You

Robert Reich

It’s tax time again, April 15, when our minds turn toward paying the taxes we owe or possibly getting a tax refund.But what we don’t think about enough is whether our tax system is fair.The richest 1 percent of Americans are now getting the largest percent of total national income in almost a century. So you might think they’d pay a much higher tax rate than everyone else.