What have you always wondered about the economy? Tell Us
Final Note

Jamie Dimon gets it wrong on taxes

Kai Ryssdal Dec 8, 2011

These final notes: Yesterday on the way out I played you a bit of tape from Jamie Dimon, the CEO of JPMorgan Chase, in which he said, basically, don’t blame the rich for being successful.

The bit I didn’t play for you was where he complained about how much tax he pays. “Most of us wage-earners are paying 39.6 percent in taxes.”

Mmmm, no. Top marginal tax rate right now? Thirty-five percent, which you’d figure a banker would know.

Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.