Do you understand how much the 'rich' pay in taxes already?
Posted on: February 1, 2019 at 11:10:51 CT
Spanky KU
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Likely not.. so here you go:
The Top 1% pay 40% of the income taxes collected.
The top 1% paid the highest effective income tax rate, at 27.2 percent, 7.9 times the rate faced by the bottom 50 percent of taxpayers.
The top 50% pay 97.3% of the income taxes collected.
The bottom 50% pay 2.75% of the income taxes collected.