Pizzigati, Sam
January 2009
Rachel's Democracy & Health News;1/8/2009, Issue 993, p6
The article presents a report by the nonpartisan Congressional Budget Office (CBO) on the economic condition during former President Ronald Reagan's administration in the U.S. The CBO had focused on the federal taxes that Americans at different income levels have been paying since the year before Reagan's election. The report states that the super-rich Americans in the top 0.01 percent are paying lower share of their incomes in federal tax than the merely rich.


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