Rich pay less, poor get poorer
The fact is that the middle class is losing the war. The Republicans champion the rich. What is wrong with this picture?
It's a cake walk for the likes of Donald Trump.
“The rich are paying less in taxes than they did in past decades, reports Stephen Ohlemacher: "As millions of procrastinators scramble to meet Monday’s tax filing deadline, ponder this: The super rich pay a lot less in taxes than they did a couple of decades ago, and nearly half of U.S. households pay no income taxes at all. The Internal Revenue Service tracks the tax returns with the 400 highest adjusted gross incomes each year. The average income on those returns in 2007, the latest year for IRS data, was nearly $345 million. Their average federal income tax rate was 17 percent, down from 26 percent in 1992. Over the same period, the average federal income tax rate for all taxpayers declined to 9.3 percent from 9.9 percent."”