BUSINESS

Report: Quarter Of Millionaires Pay Lower Tax Rate Than Some In Middle Class

10/13/2011 08:29 am ET | Updated Dec 13, 2011

A quarter of millionaires in the United States pay a smaller share of their income in federal taxes than many middle-class families, according to a new congressional analysis that offers fresh support for President Obama’s push to raise taxes on the nation’s wealthiest households.

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