Nine Myths About Who Pays Taxes

DEBUNKED

Updated Apr. 24, 2017 3:57PM EDT / Published Apr. 14, 2011 5:43AM EDT

Feeling bitter about your IRS return on the eve of Tax Day? This won’t help. In a lengthy piece, Pulitzer Prize-winning tax reporter David Cay Johnston looks at some common myths about who pays taxes. Not only do the wealthy not pay a disproportionate amount of taxes, their share of the burden has been steadily decreasing in recent years. And many of the wealthy have found ways to avoid paying taxes altogether, including billionaire hedge-fund manager John Paulson.

Read it at Willamette Week

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Nine Myths About Who Pays Taxes