3 ms·

how much did those top 1% make in income out of the total?

_huayra_ 4y ago
I'm glad you pointed this out. The parent comment to yours is the equivalent of people seeing a big red map of the US during the presidential race and saying "how come the Democrats win when there's so much red?!", as if land can vote -_-
- rmk 4y ago
  In America, land can vote, although not in the Presidential election. The Senate.
  - jjeaff 4y ago
    Still not land voting. Seeing as RI gets the same number of votes as AK. And both senate candidates are selected by popular vote in the state, so even if most of the state is red, big blue cities can swing the vote.
    - jack_squat 4y ago
      RI has the same approximate population as AK. What people mean when they say land votes, is AK compared to NY. AK has a population of < 1M while NY has a population of > 8 million. Proportionally, Alaskans have > 8x the representation in the senate that New Yorkers have.
      - jjeaff 4y ago
        I haven't heard people say "land votes" (except in this thread). Only, "land doesn't vote".
    - rmk 4y ago
      Not a proportional vote but a territorial vote nonetheless.
  - lotsofpulp 4y ago
    It is the same in the presidential election, since number of electoral votes from the state includes number of senators.
Leherenn 4y ago
"In 2020, the bottom half of taxpayers earned 10.2 percent of total AGI and paid 2.3 percent of all federal individual income taxes. The top 1 percent earned 22.2 percent of total AGI and paid 42.3 percent of all federal income taxes." According to https://taxfoundation.org/publications/latest-federal-income-tax-data/#:~:text=In%202020%2C%20the%20bottom%20half,of%20all%20federal%20income%20taxes https://taxfoundation.org/publications/latest-federal-income....
- naijaboiler 4y ago
  Why do people like you always exclude payroll taxes and state taxes in counting who paid the most taxes. You only cherry pick the most progressive piece of the entire taxes paid
  - Leherenn 4y ago
    I'm not even American mate. I was just interested in the statistics and looked it up online (maybe poorly) and posted it here since I assumed others would be. I didn't even comment whether this was good or bad! Do you have the numbers you talk about?
johngladtj 4y ago
Dollar earned for dollar earned the top 1% pays 6 times the tax as the bottom 50%

I'm glad you pointed this out. The parent comment to yours is the equivalent of people seeing a big red map of the US during the presidential race and saying "how come the Democrats win when there's so much red?!", as if land can vote -_-

rmk 4y ago
In America, land can vote, although not in the Presidential election. The Senate.
- jjeaff 4y ago
  Still not land voting. Seeing as RI gets the same number of votes as AK. And both senate candidates are selected by popular vote in the state, so even if most of the state is red, big blue cities can swing the vote.
  - jack_squat 4y ago
    RI has the same approximate population as AK. What people mean when they say land votes, is AK compared to NY. AK has a population of < 1M while NY has a population of > 8 million. Proportionally, Alaskans have > 8x the representation in the senate that New Yorkers have.
    - jjeaff 4y ago
      I haven't heard people say "land votes" (except in this thread). Only, "land doesn't vote".
  - rmk 4y ago
    Not a proportional vote but a territorial vote nonetheless.
- lotsofpulp 4y ago
  It is the same in the presidential election, since number of electoral votes from the state includes number of senators.

Leherenn 4y ago

"In 2020, the bottom half of taxpayers earned 10.2 percent of total AGI and paid 2.3 percent of all federal individual income taxes. The top 1 percent earned 22.2 percent of total AGI and paid 42.3 percent of all federal income taxes." According to https://taxfoundation.org/publications/latest-federal-income-tax-data/#:~:text=In%202020%2C%20the%20bottom%20half,of%20all%20federal%20income%20taxes https://taxfoundation.org/publications/latest-federal-income....

naijaboiler 4y ago
Why do people like you always exclude payroll taxes and state taxes in counting who paid the most taxes. You only cherry pick the most progressive piece of the entire taxes paid
- Leherenn 4y ago
  I'm not even American mate. I was just interested in the statistics and looked it up online (maybe poorly) and posted it here since I assumed others would be. I didn't even comment whether this was good or bad! Do you have the numbers you talk about?

johngladtj 4y ago

Dollar earned for dollar earned the top 1% pays 6 times the tax as the bottom 50%