"The super rich pay a lot less taxes than they did a couple of decades ago,
and nearly half of U.S. households pay no (federal) income taxes at all.
(most people do pay state, local and sales taxes)
...
The Internal Revenue Service tracks the tax returns with the 400 highest adjusted gross incomes each year. The average income on those returns in 2007, the latest year for IRS data, was nearly $345 million. Their average federal income tax rate was 17 percent, down from 26 percent in 1992
...
The top income tax rate is 35 percent, so how can people who make so much pay so little in taxes?
The nation's tax laws are packed with breaks for people at every income level
...
There are so many breaks that 45 percent of U.S. households will pay no federal income tax for 2010
..."
No surprise national debt is growing...
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