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Fair Share

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Avatar Of Island Bucs
Posts: 589
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(@island-bucs)
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Joined: 55 years ago

I certainly don't want to start a class war.

But the projections for this year tax payments, 2018, are:

The top 1% are to pay 43% of all taxes;

The top 20% to pay 87% of all taxes;

The bottom 60% to pay 4% of all taxes.

These estimates do not seem to indicate that the wealthy do not pay their fair share.

If the top 20% pay 87%, then the bottom 80% pay only 13%.

This data from CNBC today.

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