4 ms·

The 1% earn 36% of the income[1] as of 2016, and pay 37% of the taxes[2]. Everyone happy now? [1] https://www.cbpp.org/research/poverty-and-inequality/a-guide-

• macintux 6y ago
  Income != wealth
  • pmiller2 6y ago
    Indeed, many billionaire and multimillionaire CEOs famously take a salary of $1. Bezos takes a salary of around $80k, IIRC. And, I'm not even sure if Bill Gates is taking a salary at all these days.
  • eanzenberg 6y ago
    Income is taxed.
    • tfehring 6y ago
      But the top 1% own much more than 37% of the wealth (and accordingly receive much more than 37% of the financial benefits of government spending) while only paying 37% of the taxes (which fund that government spending).
      • Anon1096 6y ago
        > and accordingly receive much more than 37% of the financial benefits of government spending what?
        • kalleboo 6y ago
          They wouldn't have all that wealth if it wasn't for infrastructure, an educated population, a stable political situation, continual bailouts, and the world's largest war machine.
        • pjmorris 6y ago
          e.g. aircraft carriers
    • UncleMeat 6y ago
      The wealthy produce more income via capital gains, which are taxed at lower rates. They also have greater access to tax deferred and tax free options. A married couple of high earners with a good retirement plan at work can put nearly 150,000 annually in accounts that grow tax free.