$110,467 a Year: The Average Additional Federal Taxes For Millionaires

October 6, 2011 9:28 pm

We spotted this today:

” If Senate Democrats have their way, millionaires and billionaires will pay more in taxes for President Obama’s jobs bill.

How much?

Answer: $110,467 a year.

That’s the average additional amount they would owe in federal taxes starting in 2013, according to estimates released Thursday by the nonpartisan Tax Policy Center.”

Statistics Source: CNN Money

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