Who Pays What In Taxes?14:15
Download

Play
This article is more than 7 years old.

The question came into sharp focus when Mitt Romney's tax forms revealed he paid just under 14 percent on $42 million in income over two years.

Billionaire Warren Buffet says he pays around 17 percent -- and he compares that to some of his employees who pay a greater percentage. We set out to find out who pays what in taxes, why, and ask, what's fair? It turns out to be a complex question with lot of opinions — and heavily debated facts, check out the links below.

Guest:

  • David Cay Johnston, Reuters columnist, professor of tax law at Syracuse University

This segment aired on February 2, 2012.

Support the news

+Join the discussion
TwitterfacebookEmail

Support the news