I read an interesting post at Freakonomics where they discussed who was paying a higher percentage of total income in taxes – the super rich or those who aren’t as fortunate. It appears, through a straw poll of sorts, that the top 10% of wage earners who are said to earn 50% of the total income pay less than their receptionists. Warren Buffett has actually posted a challenge with a prize of 1 million bucks (chump change for him I’m sure) to all of the people on the Forbes top 400 list to find someone whose receptionist pays a lower percentage of income in taxes – so far – there have been no challengers.
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