alt Hacker News> The USA is not good at progressive taxation
The top 10 percent of incomes pay 76% of all income taxes, the top 5% pays around 55% of all income tax.
I would say it’s pretty progressive.
> The USA is not good at progressive taxation
The top 10 percent of incomes pay 76% of all income taxes, the top 5% pays around 55% of all income tax.
I would say it’s pretty progressive.
> The top 10 percent of incomes pay 76% of all income taxes, the top 5% pays around 55% of all income tax.
> I would say it’s pretty progressive.
That's a lesson in misleading statistics. Inequality has risen to absurd levels, and just keeps getting worse. It's not "pretty progressive."