A quarter of U.S. millionaires pay lower taxes than some in the middle class, the Congressional...

|By:, SA News Editor

A quarter of U.S. millionaires pay lower taxes than some in the middle class, the Congressional Research Service reports. The average tax rate for households earning $1M-plus was 30.5%, vs. 24.6% paid on average by families earning less than $250K, but several paid close to 24% - at times lower than taxes paid by middle-income families that didn't benefit from deductions.