TaxProf Blog: Janitors in Helmsley Building Pay Higher Tax Rates Than Millionaire Residents
"Martin A. Sullivan looks at IRS Statistics of Income Division data showing that the effective tax rate for filers listing the Helmsley building as their address is less than 15%."
Liberals, listen carefully...the complex tax code, filled with credits and loopholes, disproportionally hurts poor people! Rich people can afford to hire lawyers and accountants to find these loopholes, poor people cannot.
Republicans, RICH PEOPLE THAT YOU ARGUE AS BEING "UNFAIRLY" OVERTAXED IS A FALSE!