3 ms·
> The top 1 percent paid a greater share of individual income taxes (37.3 percent) than the bottom 90 percent combined (30.5 percent). [1] I believe the linked
by cabaalis 7y ago
> The top 1 percent paid a greater share of individual income taxes (37.3 percent) than the bottom 90 percent combined (30.5 percent). [1]
I believe the linked data is from before the tax cuts. However, politics/social justice/etc all aside, it makes sense to me systematically that tax cuts affect the rich more than others. Wouldn't the groups paying the most be adjusted the most when a change occurs?
[1] https://taxfoundation.org/summary-latest-federal-income-tax-data-2018-update/ https://taxfoundation.org/summary-latest-federal-income-tax-...