There were 236,883 American households in 2009 making over $1 million a year. But they paid less tax than the rest of us. While the middle class faces tax rates of up to 36 percent, the billionaires and millionaires of America pay around 15 percent ...
and sometimes less. Sometimes they pay no taxes at all. Fair? Nobody ever said the American Dream was fair. Our public infrastructure is decaying. The middle class is sliding towards poverty. Unemployment is rampant. America needs helpnot new wars, bank bailouts, and foreclosures. Where will the money to fix our country come from? The federal government gets 80 percent of its revenue from private income tax and payroll taxes. We need to hit Americans where it won’t hurtwe need to tax the rich.
Number of pages: 192
Date of publication: 11/06/2012
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