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by kube-system 35 days ago
> in 2024, the top 1% earned 20.1% of income while paying 23.9% of taxes.

Within that group, the share is not evenly distributed, though.

Most who are in the 1% club are people who are earning wage income, like doctors, and are getting absolutely reamed with taxes. The vast majority of the 1% are not rich enough to be doing elaborate schemes to avoid taxes.

Billionaires, who are in the top 0.0002%, are an entirely whole different story. There are many figures that show they generally do not pay their fair share in taxes.