You know, the average Texan pays about 14 of their income in federal income taxes. The 400 wealthiest Americans pay half that as a percentage [of their income]. You know, I'm talking about the raw number, I'm talking about as a percent of their income. And that just seems completely backwards to me. I think it seems backwards to everybody. (1:13:24–1:13:30)
CLAIM
Asserts that the 400 wealthiest Americans pay about 7% of their income in federal income taxes.
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