3 ms·
> However, there is a lot that says that the 1% actually pay the vast majority of taxes collected: Yes, that's an argument against people who want Europe-style
by bpt3 5y ago
> However, there is a lot that says that the 1% actually pay the vast majority of taxes collected:
Yes, that's an argument against people who want Europe-style social programs while simultaneously making the US tax code even more progressive than it already is (it's generally considered the the most progressive in the world).
It's true that the top 1% to pay most of the taxes, and it's also true that the top 0.1% or so pay a significantly lower tax rate than those in the income ranges just below that level.