> I thought looking at the aggregates that the top 10% pay something like 1/3rd of all income/cap gain taxes.

If we're bringing receipts, how about you start? Do you have the data for this initial statement of yours?

▲ Jblx2 an hour ago | parent | next [-]

Here is one source (with 2022 data):

https://taxfoundation.org/data/all/federal/latest-federal-in...

  - The top 1% of income earners pay 40.4% of the total U.S. Federal Income Tax receipts
  - Top 5% pays 61.0%
  - Top 10% pays 72.0%
  - Top 25% pays 87.2%
  - Top 50% pays 97.0%

...of course that doesn't include payroll taxes (Social Security).

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WarmWash an hour ago | parent | next [-]

Please delete this comment before it bankrupts half of click-bait driven media outlets.

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wat10000 36 minutes ago | parent | prev [-]

Focusing on a single tax is silly. We should look at all taxes paid across all levels of government. Federal income tax is one of the most progressive taxes out there, so of course that's what people focus on when they want to make the point that wealthy people are being sacrificed to the altar of taxation.

If you look at all taxes, the share paid is remarkably close to the share earned. According to https://itep.org/who-pays-taxes-in-america-in-2024/, in 2024, the top 1% earned 20.1% of income while paying 23.9% of taxes. The bottom 20% paid 1.5% of taxes while earning 2.6% of income.

	▲	giantg2 31 minutes ago \| parent [-]
		This seems to show the same gradation but with less magnitude. Was there some other point you were making?

▲ giantg2 an hour ago | parent | prev [-]

This is close enough (posted here by another).

https://news.ycombinator.com/item?id=48185123