Tuesday, June 1, 2010

Reason.tv: Is Clinton Right That the Rich Don’t Pay Their ‘Fair Share’ of Taxes?

It depends on what you consider fair. Using 2006 data, The New York Times found that the richest 20 percent of households were paying 26 percent of their income to the federal government in the form of income, payroll, corporate, and excise taxes. The average for all familes? 21 percent.

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