Top 1%: Lower Tax Rate Than Their Secretaries
Yes, there is a class war, Warren Buffett once said, and my class is winning. The IRS study of taxes paid in 2007 makes his point. The top 1% of taxpayers averaged about $138 million in income, and paid taxes at a rate of 16.6%. As Buffett says, their secretaries pay a higher rate. COTO Report: The Economic Elite Have Engineered an Extraordinary Coup, Threatening the Very Existence of the Middle Class. AWIP/Stephen Lendman: Selling Out America to Wall Street.





