Re:America's 1% Has Taken $50T From the Bottom 90%
by dane-pgp on Thursday February 11, 2021 @08:49PM
(#26109931)
> The top 1 percent of taxpayers paid roughly $616 billion, or 38.5 percent of all income taxes
What's that as a percentage of their annual increase in wealth? By my calculation, with a wealth increase of "$2.5 trillion a year" (from the article), that income tax amount works out as a flat 25% rate.
What's that as a percentage of their annual increase in wealth? By my calculation, with a wealth increase of "$2.5 trillion a year" (from the article), that income tax amount works out as a flat 25% rate.