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by StanislavPetrov 3123 days ago
>The top 20% are paying 95% of all income taxes, that will continue.

You are comparing population with taxes, when you should be comparing wealth to taxes. Of course people in poverty with no tangible income or net worth don't pay income taxes. The wealthy in the US pay far, far less in taxes as a percentage of their wealth than any other developed nation in the world. In addition, the taxes paid by people in all civilized developed nations pay (either in part or in whole) for healthcare and education instead of bankrupting working citizens for basic needs. Working people in the United States pay far more in taxes and receive far less than any other developed nation - but at least we have our wars.

1 comments

If you look at the statement "The top X% of the population hold Y% of the wealth and pay Z% of the taxes," it turns out that Z > Y for most values of X.
Until you get to values of x below 1%...