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06-30-2012, 12:40 PM
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#71
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Banned
Drives: 2007 bmw 335i e90
Join Date: Jun 2009
Location: Fargo ND
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Quote:
Originally Posted by ScotchAndCigar
Here's one

Note that this does not include state taxes (also paid by nearly all), which I have on another chart. What this shows, is basically once you get into an upper-middle income, your rate tops out, and never goes up. In fact, it starts going down if you earn enough, such as with Mitt Romney's 12.9% effective rate. This is why the middle class is shrinking.
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flat tax
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