Top income earners have seen income plunge and tax rate rise from 2007 to 2009

The income of the top 1% falls by 37%, but their share of taxes falls by 9%.

Income inequality has gone down during the recession and the share of taxes paid by the wealthiest has gone up. Is that really what people want? In 2009, the wealthiest one percent paid an average effective tax rate of 28.9%. Data from the National Taxpayers' Union.



Post a Comment

Links to this post:

Create a Link

<< Home