SamuelRSmith on 09 July 2015
| Teeqoz said:
Wikipedia says the top 1%, which make 19.3% of the money made pay 24.2% of the total taxes paid. So a quarter of the total tax pie. But considering how much money they make, it would be fair if they paid something around 32-35% of the total tax pie. |
The numbers I was quoting relate to percentage of the income tax revenues, which constitutes about half the total tax revenue. So yeah, the 1% pays 25% of the total tax revenue. Actually, more, as they also contribute disproportionally to other sectors of the pie, such as payroll and estate tax.
