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by david-gpu
2985 days ago
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And if one person owned all the income, that one person would pay 100% of the nation's taxes. How unfair! The fact that the 1% can pay 40% of all taxes and still be wealthy is an indication of how massive inequality is on the US. |
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So let's see if that's happening...
Top 1% pay 40% of all taxes. How much of total income do they earn? Interesting, only 21%. Looks like they already take on a much higher burden than their income alone would suggest.