11/20: Progressive Taxation Is Punishing Success
Posted by Editor on November 20, 2009 · Leave a Comment
According to the National Taxpayers Union, the top 1% of federal income tax filers paid 36.89% and 40.42% of all federal income taxes in 2004 and 2007, respectively. That equates to a 9.6% increase in the percentage of taxes paid over the four year period.
