Ad: BlueJ Better Tax Answers. -Accomplish hours of research in seconds -Instantly draft high-quality communications -Verify answers using a library of trusted tax content. Learn more

Washington Post: Many Wealthy Americans Already Pay European Tax Rates

Washington Post, Many Wealthy Americans Already Pay European Tax Rates (Editorial Board, March 11, 2026)

Listening to far-left politicians clamor for wealth taxes on Americans may leave some with the mistaken impression that the rich don’t pay their fair share. In truth, while the United States generally has lower income taxes than rich European countries, residents of some of America’s wealthiest areas are already paying European income tax rates.

The U.S. gives unusual amounts of authority for subnational governments to tax income, so the top federal income tax rate of 37 percent only tells part of the story in most of the country….


About the Author

Ad: BlueJ Better Tax Answers. Blue J's generative AI tax research solution is transforming how tax experts work. Learn more.
Information and rates on advertising on TaxProf Blog