the almighty thom hartmann says:
The highest tax rate on income taxes in 2014 was 39.6 percent for households earning more than 439,000 dollars - and the majority of US households paid an income tax rate of between 15 percent and 28 percent.
Those are households of plumbers, bus drivers, doctors and engineers - the average working Americans who create real wealth for the economy.
Meanwhile the banksters and vulture capitalists - the billionaires who make most of their income by moving money back and forth - pay a maximum rate of 20 percent of their earnings from the stock market.
How does this happen? Why did Mitt Romney pay a lower effective tax rate in 2011 than a waitress earning $2.13 an hour?
The highest tax rate on income taxes in 2014 was 39.6 percent for households earning more than 439,000 dollars - and the majority of US households paid an income tax rate of between 15 percent and 28 percent.
Those are households of plumbers, bus drivers, doctors and engineers - the average working Americans who create real wealth for the economy.
Meanwhile the banksters and vulture capitalists - the billionaires who make most of their income by moving money back and forth - pay a maximum rate of 20 percent of their earnings from the stock market.
How does this happen? Why did Mitt Romney pay a lower effective tax rate in 2011 than a waitress earning $2.13 an hour?