Wealthy Americans see drop in federal taxes - CBS News
Posted on Twitter | CBS News
(AP) WASHINGTON - As Monday's tax filing deadline nears, ponder this: The super rich pay a lot less taxes than they did a couple of decades ago, and nearly half of U.S. households pay no income taxes at all.
The Internal Revenue Service tracks the tax returns with the 400 highest adjusted gross incomes each year. The average income on those returns in 2007, the latest year for IRS data, was nearly $345 million. Their average federal income tax rate was 17 percent, down from 26 percent in 1992. Full Article - CBS News
Showing posts with label drop. Show all posts
Showing posts with label drop. Show all posts
Sunday, April 17, 2011
Tuesday, March 29, 2011
Governor Cuomo to New York's Poor and Middle Class: Drop Dead | Mother Jones
Governor Cuomo to New York's Poor and Middle Class: Drop Dead | Mother Jones
Posted on Twitter by: MotherJones Mother Jones
NY has the highest income inequality in the US. Gov Cuomo is NOT helping this http://mojo.ly/gPvIXm
By James Ridgeway
Tue Mar. 29, 2011 6:15 AM PDT
"There is no country in the industrial world with as great an income disparity between the rich and poor as the United States. And within the US, there is no state where the disparity is more pronounced than New York. New York City was the center of the Great Recession, and today unemployment there stands at 9 percent and is not expected to drop any time soon. At the same time, the financial sector that caused it all has recovered nicely, and the executives are pulling down salaries and perks larger than they did before the recession."
Posted on Twitter by: MotherJones Mother Jones
NY has the highest income inequality in the US. Gov Cuomo is NOT helping this http://mojo.ly/gPvIXm
By James Ridgeway
Tue Mar. 29, 2011 6:15 AM PDT
"There is no country in the industrial world with as great an income disparity between the rich and poor as the United States. And within the US, there is no state where the disparity is more pronounced than New York. New York City was the center of the Great Recession, and today unemployment there stands at 9 percent and is not expected to drop any time soon. At the same time, the financial sector that caused it all has recovered nicely, and the executives are pulling down salaries and perks larger than they did before the recession."
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