contrary to what you say, and in practice if you look at the history of tax cuts, you will see that cuts are balanced by a history of tax increases, and progres

contrary to what you say, and in practice if you look at the history of tax cuts, you will see that cuts are balanced by a history of tax increases, and progressive tax increases require regressive tax cuts to balance the accounts, it's simple arithmetic. but don't lose sight of the fact that with or without the cuts, the rich pay most of the taxes In 2021, the top 50% of earners contributed 97.7% of federal income tax revenue. The top 5% of earners — people with incomes $252,840 and above — collectively paid over $1.4 trillion in income taxes, or about 66% of the national total.