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Does a secretary pay higher taxes than a millionaire?
Quote:
Obama didn't say that secretaries pay higher taxes than millionaires, although he left that impression
Now does a secretary usually pay higher tax rates than a millionaire?
The answer to that question is definitely not.
Most secretaries don't make that much. Salary.com put the average salary for an entry-level secretary at $33,249. The top marginal rate for the secretary would be 15 percent, and then typical deductions and exemptions would reduce the tax burden even more. If the secretary had children and no other income, the likely income tax burden would be zero.
OK, so lets put that tired incorrect argument to rest.
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The weasel words here give the escape route. "A" secretary and "A" millionaire. "Usually" Sure. I bet you can find a set of circumstances that make that "tired argument" to rest. I bet you can find "another" set of circumstances that make that claim that "Obama didn't say" true. Now we're fact checking things the President *DIDN'T* say? wtf?
Salary dot com says the average salary is 33k. hm. doesn't that mean that plenty secretaries make more and plenty make less? And, of course, the leading promoter of this image, probably the creator of this image is Warren Buffett. I feel confident that his secretary isn't making the average salary, though the secretary probably isn't making a million dollars. So, as far as I'm concerned, this myth is NOT busted.