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The richest people in the county have the smallest effective tax rate
Senator Patty Murray (D-WA) questions Dr. Molly Dahl, the Chief of Long-Term Analysis at the Congressional Budget Office on the effective Social Security tax rate facing Americans at different salary brackets. Americans making $184,000 or less pay 12.4%, millionaires only pay 2.2%, while billionaires like Donald Trump or Elon Musk effectively ...
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