▲ | dmoy 18 hours ago | |
> Also, in terms of government focus, it gets most of its tax revenue from high earners - "the 1%" pay 45.8% of US taxes. The top 10% pay 75.8% of US taxes. 45.8% of US Federal Income Tax, which is only 57% of the total tax paid by individuals to the feds (the other 43% is FICA). And it gets even muddier if you include sales tax, property tax, etc (which is paid to government, just not federal government) |