FACT CHECK: Are wealthy taxed less than secretaries?

September 20, 2011 at 2:30 am in Grand Forks Herald

President Barack Obama makes it sound as if there are millionaires all over America paying taxes at lower rates than their secretaries. There may be individual millionaires who pay taxes at rates lower than middle-income workers – Warren Buffett (pictured) recently said that’s the case for him – but, on average, the data tell a different story. Continue Reading