Big Demand for US Treasury Securities

[syke6]

@DrBob2

Looking at income taxes paid The Fool tells us that the average someone making just under $100K paid $7.4K, while for just under $1,000K that was $156K. Simple math indicates an average rate twice as high for the higher incomes.

How Much Does the Average American Pay in Taxes? | The Motley Fool

Yep. And this analysis assumes that payroll taxes aren’t taxes. Include those and the tax rates start looking about the same.