As unfair as it may be, the richest Americans pay the lowest tax rates. A recent study by the National Bureau of Economic Research found that the top 0.0002% of Americans paid an average tax rate of 24% from 2018 to 2020, compared to 30% for the full population and 45% for top labor income earners.
Find Out: I Asked ChatGPT What Would Happen If Billionaires Paid Taxes at the Same Rate as the Middle Class
