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The wealthy in the U.S. are nowhere paying that high. I don't think the upper class in Europe even has to suffer that.

Are you kidding? An upper income taxpayer in California pays 39.6% federal, 10% state. On top of that there are sales taxes, property taxes, payroll taxes, unemployment benefit insurance, the 3.4% Medicare surcharge, car registration taxes and fees, transfer taxes on assets, and estate taxes when you die. Explain to me how that doesn't add up to more than 50%?

Mitt Romney paid 14% in 2011, so I'm certain there are ways around paying the full price.

Mitt Romney paid 14% federal, that doesn't include state. And the person I was responding to said that there is "nobody" paying more than 50%.

FYI, he paid 14% federal because most of his money came from carried interest which is taxed like dividends. The 14% is only after the same income is taxed at the corporate level at 35%.

I don't know much about U.S taxes. I'm from Ontario, Canada and taxes are ridiculously high here.

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