Tag: taxing the rich

Taxing the Rich and Other Fabrications

By Thomas J. Stanley on Nov 18th, 2010 in Current Events

In a previous blog, I mentioned that 42% of the total income taxes in America are paid by the top 1% of  income earners even though this group generated less than 25% of the total personal income.   High income however does not mean high net worth and vice versa.  In spite of this our so-called leaders […]