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re: Ryan tax plan would cut taxes on rich and RAISE THEM on middle class - WaPo

Posted on 3/28/17 at 9:41 am to
Posted by the808bass
The Lou
Member since Oct 2012
111802 posts
Posted on 3/28/17 at 9:41 am to
quote:

Don't most of them end up paying effective rates in the 20-35% range at the end of the day?


Yes. And on average, they still pay a higher effective rate as you move down the percentiles of earners.
Posted by Tigerdev
Member since Feb 2013
12287 posts
Posted on 3/28/17 at 9:43 am to
quote:

Yes. And on average, they still pay a higher effective rate as you move down the percentiles of earners.

Totally. My point is that people like to exaggerate the extent that EVERYONE pays taxes in this country. The effective rate that people and especially the wealthy pay here is actually very low compared to many western countries.
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