> Let's be serious here. I'm French, all for high taxes and all but please let's not delude ourselves thinking that American people pay "around 50%" taxes. As soon as you have enough money to afford it, you'll pay a tax lawyer to get that down to about 15% or something, thanks to a bajillion hidden tax system loopholes allowing the rich to get an advantage on the less fortunate.
This is false. Once you account for all the various levels of taxation (federal, state, local), there is no possible way wealthy people have a tax rate around 15%.
This is false. Once you account for all the various levels of taxation (federal, state, local), there is no possible way wealthy people have a tax rate around 15%.