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If you want to count the entire world for wealth then you need to count the entire world for taxes too. I strongly doubt that the super rich are paying the vast

If you want to count the entire world for wealth then you need to count the entire world for taxes too. I strongly doubt that the super rich are paying the vast majority of taxes worldwide. For US taxes, see: https://itep.org/wp-content/uploads/taxday2017.pdf https://itep.org/wp-content/uploads/taxday2017.pdf The rate is definitely lower for poorer people, but nearly as much as the standard punditry, focusing only in federal income tax, would have you believe.

ericd 9y ago
Unless I'm reading your source wrong, it looks like it says that the top 10% pays 50% of taxes? I feel like I should make it clear that my personal opinion is that top marginal tax rates should be much higher than they are, especially on capital gains, but I don't think it's fair to say that the working class is paying all the taxes, given the breakdown.
- mikeash 9y ago
  Almost 50%. Add in the next 10% and you get a majority, but not a huge one.
  - ericd 9y ago
    49.8%, I think we can call that 50%.