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> The top 10 percent of incomes pay 76% of all income taxes, the top 5% pays around 55% of all income tax. > I would say it’s pretty progressive. That's a les
by palmotea 7mo ago
> The top 10 percent of incomes pay 76% of all income taxes, the top 5% pays around 55% of all income tax.
> I would say it’s pretty progressive.
That's a lesson in misleading statistics. Inequality has risen to absurd levels, and just keeps getting worse. It's not "pretty progressive."
- Izikiel43 7mo agoFirst, you are thinking of people whose main source of wealth are assets, not income. Also, I don't think inequality is a problem, it's better that than everyone being equal, because as history shows, even then, there are some that are more equal than others, and others are just poor.