The Enterprise Blog

Look at just how progressive the U.S. tax system is

By James Pethokoukis

January 26, 2012, 1:55 pm

Great, great table from the Tax Foundation looking at the average real income tax rate for various income groups. People with adjusted gross incomes of less than $100,000 pay 8 percent or less. People making $500,000 or more pay no lower than 22 percent on average. The overall average rate is 11 percent. Looks pretty progressive to me …

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