2016 Presedential Campaign Issues: The Top 1%

“The hardest thing to understand in the world is the income tax.” This quote by Albert Einstein is more true today than ever before.

There has always been talk about taxing the wealthy. This Presidential election is no different. Both democrats and republicans are talking about taxing the rich and providing tax breaks to the middle class. Bernie Sanders proposed a 90 percent marginal rate for the top 1%. We figured we’d do our own research and checked the tax return data from the IRS. The latest information is from 2013. Below is a summary of what we found.


2013 Tax Summary

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