[jtbigwoo]

Technically that's correct, but it's a red herring. The top 1% currently take a little over 20% of the total income in the country and pay about 40% of federal income taxes. From the end of WW II to the 1980's, the top 1% took between about 8% and 12% of the total income in the country and their share of the tax burden was lower. The federal tax base was also much wider since there were far fewer tax credits available to average people and there weren't any common refundable tax credits.