U.S. 2004 tax rates lower for those earning over $10 million, Tax Policy Center says
Wednesday, February 16, 2005 The Tax Policy Center has published a table that states that taxpayers earning more than $10,000,000 in 2004 paid lower tax rates than taxpayers earning between $1,000,000 and $10,000,000. Among other things, it breaks down the average tax rate by cash income into various income tax categories. According to the Tax Policy Center, the average tax rate paid by the 9,000 taxpayers earning over $10,000,000 in