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The Real Tax Rates of the Rich

Fri, April 27, 2012 1:25 PM | Tara McMullen-King

That fact that America’s tax code is progressive–i.e., the wealthy pay more–has been largely a given since the first income-tax was levied in 1862. Yet the Buffett Rule and the ensuing debate over Mitt Romney’s  taxes has painted a picture of America’s tax structure as regressive. Polls show that many Americans think the wealthy now pay a lower share than the rest of America.


http://blogs.wsj.com/wealth/2012/04/18/the-real-tax-rates-of-the-rich/?mod=WSJBlog

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