alt Hacker NewsTop 10% already pays 70.5% of all federal income taxes. US high income payers are already taxed to pay the poor.
Almost half of US federal tax payers pay 0 income tax.
Top 10% already pays 70.5% of all federal income taxes. US high income payers are already taxed to pay the poor.
Almost half of US federal tax payers pay 0 income tax.
Another way of looking at that is that the people who have been able to accumulate excessive gains from the capitalist system are forced to pay some of that back, to maintain the system that enriched them and those whose labor they profited from.
That seems like a screwy but ultimately more than fair deal for the top 10%.
Especially when the alternative is pitchforks and torches.