"The top one percent of income earners, who paid 38 percent of federal income taxes, faced an effective tax rate of 23 percent." [0]

"The richest 1% of the world’s population now owns 50% of its total wealth, according to a report by Credit Suisse." [1]

I was in the top 5% last year. I paid an effective tax rate of 28% federal, and almost 45% including state/local. Why should I give one flying fuck if the people that control 50% of the world's wealth pay a majority of taxes, if they pay a lower effective tax rate than I do?

This idea that the 1% pay more than their fair share because they pay a majority of taxes is some ridiculous double-speak. One single percent of people control 50% of the world's wealth. You want me to feel bad for them how?

[0] http://www.economics21.org/html/rich-pay-more-their-fair-sha...

[1] http://fortune.com/2015/10/14/1-percent-global-wealth-credit...