Top 1%: Lower Tax Rate Than Their Secretaries

February 18, 2010   our future.org By Robert Borosage

Yes, there is a class war, Warren Buffett once said, and my class is winning. The IRS study of taxes paid in 2007 makes his point. The top 1% of taxpayers averaged about $138 million in income, and paid taxes at a rate of 16.6%.