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Paying Your Fair Share in 2014

19 Apr Paying Your Fair Share in 2014

I just read an interesting article over at the TaxFoundation.org which showcased the following graphic:
Distribution of Federal Taxes

It’s highly evident that the best place to be situated in terms of earnings is somewhere between $100K and $200K annually. Anything above the $200K mark significantly increases the tax burden paid.

Most “profitable” small business owners do pay more than what a logical person would consider “fair.” If you really have an issue with the actual level of taxes paid as a small business owner, you could potential follow the advice of Justice Scalia and revolt against high taxes. It seems rather extreme, but the working class citizenry will continue to find discontent in the burden they shoulder in terms of federal taxes.

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Nate Nead
Nate Nead is a licensed investment banker and Principal at Deal Capital Partners, LLC which includes InvestmentBank.com and Crowdfund.co. Nate works works with middle-market corporate clients looking to acquire, sell, divest or raise growth capital from qualified buyers and institutional investors. He is the chief evangelist of the company's growing digital investment banking platform. Nate resides in Seattle, Washington.
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