Super rich pay a lot less in federal taxes than they did decades ago
The Internal Revenue Service tracks the tax returns with the 400 highest adjusted gross incomes each year. The average income on those returns in 2007, the latest year for IRS data, was nearly $ 345 million. Their average federal income tax rate was 17 percent, down from 26 percent in 1992.
Read more on The Oregonian
Super-rich have seen their tax liability tumble
The super rich pay a lot less taxes than they did a couple of decades ago, and nearly half of U.S. households pay no income taxes at all.
Read more on MSNBC
Business taxes done? You may still have work to do
Small business owners across the country are getting back to focusing on their companies now that they’ve filed their income tax returns. But many of those owners may still have some tax work to do.
Read more on AP via Yahoo! News
