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The rich pay all the taxes

Wed 11 Dec 13 | 03:39 PM ET
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The rich pay all the taxes

Wed 11 Dec 13 | 03:39 PM ET
CNBC's Jane Wells reads the fine print of the Congressional Budget Office report and reveals the CBO broke the country into five tiers of wage earners. The top 20 percent pay nearly 93 percent of all income taxes, according to the report. At the same time, their incomes are growing far faster than everyone else.

Topics:

Wealth  | Taxes  | Earnings
 
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