- Joined
- Mar 5, 2005
- Messages
- 9,931
- Reaction score
- 1,454
Here's an interesting statistic. We all know that there are people who have an effective tax rate of 0%. But would it surprise you to learn that over 1,500,000 of those people had an adjusted gross income of over $50,000 in 2008?
Another 6 million people with an AGI of over $50k had an effective tax rate of under 5%.
Over 16 million people with an AGI of over $50k had an effective tax rate of between 5 and 10%.
It's not just corporations.
And if you could, you would. These are mostly legal, and one of the things that probably need to be changed.