There's so much wrong with this graphic. Maybe the data is correct but the details are vague. Income reported to whom? Are they insisting that there's unreported income? Are we supposed to get that the bar graphs are the five years, what's the y-axis, why is Buffets graph near the same size as Bloomberg's when he earned 10x as much. The tax rate is set according to the type of tax transaction and entity, there's no such thing as a true tax rate. I could keep going but I think the point has been made.
That's gibberish.The article this comes from is just Communist propaganda. Stop envying others and go get yours. The only thing stopping you is your own mindset.
How We Calculated the True Tax Rates of the WealthiestHere is where the chart came from:
The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax