April 14, 2012
We’ve all heard of the “Buffett Rule”: ‘Ordinary working people shouldn’t pay more taxes than millionaires and billionaires’. So – want to know how many pay less tax than you? Well, there’s an “App” for that.
Here’s an example: Someone making $50,000 and paying $2,000 in taxes pays more than 9,400 millionaires. How does that make you feel?
If you’d like to find out how many millionaires pay less tax than you, use the calculator below (compliments of the White House).
Never underestimate the difficulty of changing false beliefs [with] facts.
Economist Henry Rosovsky