"Rich people don't create jobs" -- Seattle rich guyQuicklink submitted by Don Smith Permalink
Become a Fan
|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.)
The time limit for entering new comments on this Quicklink has expired.
This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.