What % of tax revenues should the rich (top 5%) pay?

[hobbit]

ramses01 said:

ChichiriMuyo said:

ramses01 said:

10% or so, same as everyone else.

The only way to get an income tax that low is to make minimum wage and work part time.  The average American is taxed 25%.

And the average american is grossly overtaxed!  10% to cover infrastructure and defense.  Everything else can be funded by a national sales tax.

Income, corporate, capital gains, dividend, payroll, estate, etc can be covered by 23 cents of every dollar spent on new goods or services going to the feds. If we had a 10% flat tax on say all income over $10,000, we could probably have a sales tax of <5% to cover the rest of the revenue. No payroll tax and only 10% corporate tax would go along way to keeping business here and growing the economy.