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> The top 1 percent of taxpayers paid roughly $616 billion, or 38.5 percent of all income taxes What's that as a percentage of their annual increase in wealth?
by dane-pgp 6y ago
> The top 1 percent of taxpayers paid roughly $616 billion, or 38.5 percent of all income taxes
What's that as a percentage of their annual increase in wealth? By my calculation, with a wealth increase of "$2.5 trillion a year" (from the article), that income tax amount works out as a flat 25% rate.