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| Permalink View Article Stats "Rich people don't create jobs" -- Seattle rich guy Quicklink submitted by Don Smith (Add your own quicklinks easily with the OpEdNews Quick Link Browser bookmark) |
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| The super-rich paid about 40 percent in taxes during the prosperous 1960's, argues Hanauer, and about 30 percent during the prolonged prosperity of the 1990's. They now pay an average of 16 percent. Hanauer reports that last year, he paid an 11 percent rate on an eight-figure income. (The median Washington family has a yearly income of $56,479.) |
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