Who Really Pays Taxes?

Obviously, we all have to pay taxes. But, depending on income levels, some people are paying more into the system than others. In this episode, Charles breaks down exactly who is paying what, using clear charts and visuals to make it easy to understand. This can stir up a lot of frustration, especially if you or someone you know feels they’re shouldering more (or less) of the tax burden than they should. We’ll explore the sources of these frustrations and shed light on where tax dollars come from and how they’re distributed. There’s a lot of valuable insight in this episode that you don’t want to miss, so enjoy the show! Here’s some of what we discuss in this episode: 0:00 – Intro 1:43 – Who is paying what 6:15 – Where the frustration is coming from 8:32 – Working with a tax professional 10:14 – The impact of tax efficiency on retirement   Are The Wealthy Paying Their Fair Share? https://www.ftportfolios.com/Commentary/EconomicResearch/2024/10/10/three-on-thursday---are-the-wealthy-paying-their-fair-share   Contact: Phone Number: 480-513-1830 Website: https://pelletoncapital.com/ YouTube: https://www.youtube.com/@PelletonCapitalManagement