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The time is now 1:43 am
You last visited
June 3, 2026, 5:36 pm
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Why is it?
Published:
Updated:
That everyone says "The rich need to pay more taxes" when they already pay the most?
The Rich Pay the Highest Tax Rates
Data on income tax payments and estimates from the Treasury Department show that the US federal tax system is highly progressive. The top 10 percent of income earners pay more than 60 percent of all federal taxes and 72 percent of income taxes, shares that have been increasing over time. See charts in article.
https://www.cato.org/blog/its-tax-season-five-charts-who-pays-whats-risk

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