Chart of the Day: Can Taxing Millionaires Eliminate the Deficit? November 6, 2012 Richard Morrison Read the rest of "Putting a Face on America's Tax Returns" here. Topics Center for Federal Tax Policy Individual Income and Payroll Taxes Tags Millionaires and High Income Earners Related Articles Headlines Reporting U.S. as a “Low-Tax” Nation Overlook Our Overreliance on Economically Harmful Income Taxes The Largest Deductions Taken by High-Income Households Millionaire’s Tax Would Revive “Taxachusetts” Late-Breaking West Virginia Compromise Would Create Two New Taxes Summary of the Latest Federal Income Tax Data, 2016 Update State Tax Successes in 2016 Thanks to You, Our Readers and Supporters! Subscribe to The Weekly Tax Update Join over 20,000 subscribers! Get the latest in tax news and analysis, delivered directly to your inbox every week. Never miss a post! Get email updates when we post new content.