
The top 1% of earners pay 45.8% of the federal income taxes. https://t.co/UwPHS3ovXO https://t.co/G3YShlUzSD

Here’s a fun fact: An income of $35,000 puts you in the top .81% of world incomes. Congratulations 1%’er! Want to know where your income puts you? Check it out here: www.globalrichlist.com
JL Collins • The Simple Path to Wealth
Taxes are the number one expense of poor people. Think about it: you’re taxed when you earn your money; you’re taxed when you spend it; you’re taxed on what you own, now that you’ve bought it; you’re taxed when you sell it; and, if you die, then they’re really going to tax you.
Myron Golden • From The Trash Man To The Cash Man
These participation rates, driven primarily by rich and middle-class Americans, far exceed those of even the largest programs directed at low-income families, such as food stamps (14 percent of Americans) and the Earned Income Tax Credit (19 percent).[24]
Matthew Desmond • Poverty, by America
Taxpayers in the top 5 percent of income already pay for more than 43 percent of the U.S. government, and taxpayers in the top 1 percent pay for more than 27 percent; at some point, taking more resources from the wealthy yields diminishing returns. Many of the Obama reforms, including much of the stimulus bill, and the health care bill, redistribut
... See moreTyler Cowen • The Great Stagnation: How America Ate All The Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better: A Penguin eSpecial from Dutton
