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  2. Buffett Rule - Wikipedia

    en.wikipedia.org/wiki/Buffett_Rule

    Distribution of average tax rates including individual income tax and employee payroll tax. The Buffett Rule is named after American investor Warren Buffett, who publicly stated in early 2011 that he believed it was wrong that rich people, like himself, could pay less in federal taxes, as a portion of income, than the middle class, and voiced support for increased income taxes on the wealthy. [5]

  3. Tax Deferring — How Billionaires Are Paying Less In Income ...

    www.aol.com/tax-deferring-billionaires-paying...

    Like virtually everyone else, billionaires don't like giving more than the bare minimum to the taxman. The difference is that they can quickly bring that minimum down to zero with experts’ help.

  4. The ‘Billionaire Tax Rate’ Is Not 8.2 Percent - AOL

    www.aol.com/news/billionaire-tax-rate-not-8...

    A viral claim relies on a misleading definition of income.

  5. Billionaires vs. the Middle Class: Who Pays More in Taxes? - AOL

    www.aol.com/billionaires-vs-middle-class-pays...

    But, according to the Tax Foundation, the top 1% of 1950s taxpayers only ended up giving up about 42% of their income in federal state and local government taxes, which means that the current tax ...

  6. Why Warren Buffett and other billionaires pay less tax ... - AOL

    www.aol.com/finance/2019-02-20-why-warren-buffet...

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  7. Why taxing US billionaires’ wealth – as Biden tried to do ...

    www.aol.com/news/why-taxing-us-billionaires...

    Elon Musk is currently the world’s richest person. AP Photo/Matt RourkeThe speed with which a tax on billionaires came and went as a means to pay for President Joe Biden’s economic agenda ...

  8. How Much Do Musk, Buffett and Other Billionaires Pay in ... - AOL

    www.aol.com/much-musk-buffett-other-billionaires...

    As the CEPR noted, the median annual household income for a full-time worker in the U.S. is $54,132 — just a little more than one-third of the $160,200 income threshold for Social Security taxes.

  9. Billionaires pay almost no tax. A global levy of just 2% ...

    www.aol.com/billionaires-pay-almost-no-tax...

    Currently billionaires effectively pay far less personal tax than other taxpayers of more modest means because they can park wealth in shell companies sheltering them from income tax, the group ...

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