Do the rich really pay their fair share in taxes? 🤔
The top 1% earn about 26% of all income—but they pay 46% of all federal income taxes.
Even those earning between $250K and $700K pay more than their share. Meanwhile, the bottom 50% earn 10% of the income and pay just 2% of the taxes.
The data tells a different story than the headlines—and it’s worth looking at the full picture before calling for higher tax rates.
What do you think is fair?
#taxfacts #wealthgap #taxtalk #assetprotection #financialtruths #taxstrategy
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ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
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