08-10-2019 21:24 via news.yahoo.com

The Rich Really Do Pay Lower Taxes than You

Almost a decade ago, Warren Buffett made a claim that would become famous. He said that he paid a lower tax rate than his secretary, thanks to the many loopholes and deductions that benefit the wealthy.His claim sparked a debate about the fairness of the tax system. In the end, the expert consensus was that, whatever Buffett's specific situation, most wealthy Americans did not actually pay a lower tax rate than the middle class. "Is it the norm?" fact-checking outfit PolitiFact asked. "No."Time
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