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    what % does the weathy pay compared to the middle class in personal income tax

    +1  Views: 309 Answers: 3 Posted: 14 years ago

    3 Answers

    Warren Buffett said his secretary pays more % in income tax than he does. Some time ago he mentioned that he pays 16%.

    I can't tell you percentage but the middles class pays more taxes because they do not get the big breaks from the government and they can not write off near as much as the wealthy and big business can. Big business pays little to no tax because of all the perks they get. Big business is what I call the wealthy class.

    In the UK our Taxes are really bad the average person pays 25% tax and the middle classes pay 40% the real high earners I think pay 95% in tax no wonder the brits want to emigrate!



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