According to calculations by Whitehouse’s office -- which match our own -- when you include Social Security and Medicare taxes, the effective tax rate for the wealthiest 400 Americans would have been 16.72 percent in 2007; the tax rate for a worker earning $29,000 a year would have been 16.79 percent.
PolitiFact Rhode Island | Whitehouse says richest 400 taxpayers are taxed at a lower rate than a $29,000-a-year worker
