- 25 Mar 2021 19:22
#15162957
This doesnt mean anything. Top 1% could pay 90% of their earnings and still earn more than the average guy on minimum wage which is really the only factor that we should consider. Can you imagine if we quantified work by time rather than currency for one second how opinions would change.
Julian658 wrote:The top 1 percent paid a greater share of individual income taxes (38.5 percent) than the bottom 90 percent combined (29.9 percent). The top 1 percent of taxpayers paid a 26.8 percent average individual income tax rate, which is more than six times higher than taxpayers in the bottom 50 percent (4.0 percent).
https://taxfoundation.org/summary-of-th ... %20percent).
This doesnt mean anything. Top 1% could pay 90% of their earnings and still earn more than the average guy on minimum wage which is really the only factor that we should consider. Can you imagine if we quantified work by time rather than currency for one second how opinions would change.