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2. 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.

3. Assessing Claims That U.S. Billionaires Get a Free Ride on Taxes

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   IRS data shows high earners pay more in income taxes than their share of earnings. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ...

4. 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 ...

5. Federal tax revenue by state - Wikipedia

   en.wikipedia.org/wiki/Federal_tax_revenue_by_state

   Gross Collections indicates the total federal tax revenue collected by the IRS from each U.S. state, the District of Columbia, and Puerto Rico. The figure includes all Individual federal taxes and Corporate Federal Taxes, income taxes, payroll taxes, estate taxes, gift taxes, and excise taxes.

6. 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]

7. 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.

8. Tax bracket - Wikipedia

   en.wikipedia.org/wiki/Tax_bracket

   In addition to the Federal income tax, John probably pays state income tax, Social Security tax, and Medicare tax. The Social Security tax in 2007 for John is 6.2% on the first $97,500 of earned income (wages), or a maximum of $6,045. There are no exclusions from earned income for Social Security so John pays the maximum of $6,045.

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

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   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 ...