1. Go to the National Taxpayers Union website (www.ntu.org). Search for Who Pays Income Taxes? See Who...

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1. Go to the National Taxpayers Union website (www.ntu.org). Search for

“Who Pays Income Taxes? See Who Pays What.” Study the tables showing what percentage of taxes the various income groups pay. Do you think that businesspeople pay their fair share? What percentage of taxes does the top 1 percent of earners pay? What about the top 5 percent? The lowest 50 percent? How do such tax rates affect incentives to become a successful entrepreneur?

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Understanding Business

ISBN: 978-0078023163

11th Edition

Authors: William Nickels, James McHugh, Susan McHugh

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