The top 1% of earners pay 45.8% of the federal income taxes.
https://t.co/UwPHS3ovXO https://t.co/G3YShlUzSD
The top 1% of earners pay 45.8% of the federal income taxes. https://t.co/UwPHS3ovXO https://t.co/G3YShlUzSD
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
average being over, with the middle part of the income spectrum being compressed into the bottom and stretched out at the top.
Scott H. Young • Ultralearning
economy, finding that nearly 14.6 million Americans earned more than $5.8 billion in 2016 from
Siddhartha Aneja • Taking Root: The Growth of America's New Creative Economy
Emmanuel Saez of the University of California, Berkeley, found that an astonishing 95 percent of total income gains during the years 2009 to 2012 were hoovered up by the wealthiest 1 percent.
Martin Ford • Rise of the Robots: Technology and the Threat of a Jobless Future
At 38 colleges in America, including five in the Ivy League – Dartmouth, Princeton, Yale, Penn and Brown – more students came from the top 1 percent of the income scale than from the entire bottom 60 percent. 5