3 ms·

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.