There is income distribution going on and its to the upper elite who pay very little taxes. We have a regressive tax system disguised as progressive. So hedgefund manager can bring 8 figures of income but only pay 23%. That its the upper limit, when we actually get to see into the upper riches taxes they pay less. Take a look John Kerry's returns. 5.5M income and he only paid 15.5% in taxes. Its crazy we penalize earned income with a higher burden of taxes.