Wealthy earn more and pay declining share of taxes in US

February 26, 2001 Comments Off

Wealthiest Pay Declining Share of Their Incomes in Taxes
By DAVID CAY JOHNSTON

The richest Americans are paying a declining share of their incomes in taxes, even as their incomes grow more rapidly than everyone else’s, according to data that the Internal Revenue Service gave a Republican member of Congress.
Date: February 26, 2001