Use the subtabs above to get the facts on income inequality, tax inequality, wealth concentration, econnomic opportunity, inquality impacts, and pulic opinion.

In 2010, major U.S. corporations only paid 18 percent of their domestic profits in tax. 

The Greenlining Institute.  2011.  “Corporate America Untaxed: Tax Avoidance on the Rise.”

Of the world’s 26 major industrial nations, only two collect less in corporate taxes, as a share of GDP, than the United States.

The Greenlining Institute.  2011.  “Corporate America Untaxed: Tax Avoidance on the Rise.”

In 2011, roughly 24,000 U.S. taxpayers making over $533,000 will pay no federal income taxes at all.

Tax Policy Center.  July 2011.  “The Numbers.”  

Last year alone, the Bush tax cuts saved America’s top 0.1 percent — taxpayers making over $3 million a year — an average of $520,000 each.

Economic Policy Institute.  June 2011.  “Tenth Anniversary of the Bush-era Tax Cuts.”

In 2011 and 2012, the wealthiest 0.25 percent of all American estates will pay $23 billion less to support our government due to the budget compromise between Republicans and President Obama.

Center on Budget and Policy Priorities.  May 2011.  “New Estate Tax Rules Should Expire After 2011.”

Not one state in the nation requires the very wealthy to pay as much of their income in state and local taxes as the middle class.

Institute on Taxation and Economic Policy.  November 2009.  “Who Pays?  A Distributional Analysis of the Tax Systems in All 50 States.”

The most affluent 20 percent of U.S. taxpayers receive 55 percent of the nation’s income and claim 65 percent of all tax expenditure value.

 Tax Policy Center.  May 2011.  “Who Benefits from Tax Expenditures?” 

The U.S. government spends $400 billion annually in tax incentives to help people create wealth.  The top one percent gets 45 percent of these benefits, while the bottom 60 percent gets just 4 percent.   

CFED (Corporation for Enterprise Development).  2010.  “Upside Down: THE $400 Billion Federal Asset-Building Budget.”  

In 1992, the richest 400 Americans had a total taxable income of $16.9 billion and paid federal taxes of 29 percent on that sum.  In 2008, the aggregate income of the richest 400 soared to $90.9 billion but the rate paid fell to 22 percent.

Warren Buffett.  August 2011.  “Stop Coddling the Super-Rich.”  New York Times.

Economists and experts agree that tax cuts for the wealthy does not stimulate the economy or create jobs.

Economic Policy Institute.  August 2010.  “Let the Tax Cuts for the Rich Expire.”

Since 1955, the tax rate that the richest 400 families in America actually pay has dropped from 51% to less than 17%.

Wealth for the Common Good.  April 2010.  “Shifting Responsibility: How 50 Years of Tax Cuts Benefited the Most Wealthy.”

If the top 400 of 2007 paid as much of their incomes in personal income tax as the top 400 of 1955, the federal treasury would have collected $47.7 billion more in revenue from just these 400 taxpayers. 

Wealth for the Common Good.  April 2010.  “Shifting Responsibility: How 50 Years of Tax Cuts Benefited the Most Wealthy.”

Over the last half-century, America’s wealthiest taxpayers have seen their taxes drop enormously. Meanwhile, the share of their household income that middle class Americans pay in federal taxes has increased slightly.

Wealth for the Common Good.  April 2010.  “Shifting Responsibility: How 50 Years of Tax Cuts Benefited the Most Wealthy.”