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You've been misled >The top 1 percent paid a greater share of individual income taxes (37.3 percent) than the bottom 90 percent combined (30.5 percent). https
by lucio 7y ago
You've been misled
>The top 1 percent paid a greater share of individual income taxes (37.3 percent) than the bottom 90 percent combined (30.5 percent).
https://taxfoundation.org/summary-latest-federal-income-tax-data-2018-update/ https://taxfoundation.org/summary-latest-federal-income-tax-...
- ryandrake 7y agoWhich seems to make sense since the top 1% average over 39 times more income than the bottom 90 percent[1] and hold about 38% of all privately held wealth in the US[2]. 1: https://inequality.org/facts/income-inequality/ https://inequality.org/facts/income-inequality/ 2: https://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States#Causes_of_wealth_inequality https://en.wikipedia.org/wiki/Wealth_inequality_in_the_Unite...