Tax day truth in the USAApril 18th, 2011 by Steven Gardner
The Washington Post has a tax day feature outlining how much the very rich (I’m talking rich enough to misplace a house.) and the lower 45 percent (The number being that large makes “I paid nothing in income taxes last year” less impressive at parties.) pay in taxes.
“In all, the tax code is filled with $1.1 trillion in credits, deductions and exemptions, an average of about $8,000 per taxpayer, according to an analysis by the independent national taxpayer advocate within the IRS.”