Minority rule

[*Nately120*]

(10-20-2020, 11:57 AM)bfine32 Wrote: https://taxfoundation.org/summary-of-the-latest-federal-income-tax-data-2020-update/]

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).

The argument to that is usually that the top 1 percent benefits the most from our capitalistic and trickle down market.