When the top 5% makes 3x more than the bottom 50%? The top 5% makes 38% of the total, while the top 1% alone makes 22%, per the same sources you just quoted. Yes, the ones who make the most can afford to pay the most in taxes.
You didn't even cover GP's main point about getting the top to even pay taxes; the top 1%, per your own source, only pays 26%, while the top 50% pays 16%.
You didn't even cover GP's main point about getting the top to even pay taxes; the top 1%, per your own source, only pays 26%, while the top 50% pays 16%.
Top x% tax bracket should at least be 32%, per current brackets. So one could argue they aren't even paying what they 'should'. https://www.irs.gov/filing/federal-income-tax-rates-and-brac...