‘Buffett Rule’ Millionaire Pays Thirty Times His Secretary’s Taxes (and Not Such a Different Rate)
“If one examines actual taxes paid, folks earning more do pay more. Even the left-leaning Tax Policy Center has admitted that households making $1 million dollars last year paid 29.1% of their income in federal taxes, while households making between $50-75,000 only paid at a 15% rate.
Further, neither the White House nor their propaganda arm in the media pointed out that the millionaires at their campaign event were major Democratic Party donors, with a vested interest in seeing Obama re-elected.”
It’s all a dog and pony show.