Rise of a New Class of Plutocratic Tax Cheats

newrepublic.com

13 pointscolinprince2 comments

>The 0.01 percenters represent about 0.007 percent of the U.S. population

I don't get that part. Does half the population not pay taxes, or are there people outside the US paying US taxes? Both?

You are correct, after deductions and such 1/2 the US pays no federal income taxes.