There are many ETRs, depending on which taxes you count and against what income you measure them.
FORBES: A 102% Tax Rate? Really?
Adding payroll taxes boosted those ETRs to 20.4 percent of AGI but just 16.5 percent of cash income.
The Tax Policy Center has just released new tables that demonstrate what happens to ETRs when you include more taxes and or use alternative income measures.
But a lot of high-income taxpayers face higher ETRs.
FORBES: Why Investors Pay Lower Taxes Than The Rest Of Us
Including more taxes drives up ETRs.
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