An Article on How Progressive the American Tax Code Is

Taxes and the rich: Looking at all the taxes”

What I found most intriguing about this article is that it makes the point that if we want to talk about taxes and tax reform, we need to look at the whole picture. Looking at just the numbers related to “income” is not enough because the rich have a lot of sources of money that don’t get taxed because they don’t count as income. Plus, the income tax isn’t the only thing that comes out of people’s paychecks- there’s payroll taxes for Social Security that the rich get to skirt. Good food for thought, anyway.


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