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Tax Burden

Started by OTNYC
about 17 years ago
Posts: 547
Member since: Feb 2009
Discussion about
Just watching Buffett on CNBC and he stated that the top 400 earners in the US last year bore an average tax burden of 17.1%. This was apparently 12% higher just 15 years ago, so in his opinion too much has been done for high income earners. Without introducing opinion to this discussion, can someone please explain how this is possible? Just trying to understand the math here, not dissect policy.
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