A salient point from the article:
So when we look for examples to illustrate the tax code, it makes sense to use a bunch of pretty wealthy families, because the big pictures is that nobody else really has very much money.
So when we look for examples to illustrate the tax code, it makes sense to use a bunch of pretty wealthy families, because the big pictures is that nobody else really has very much money.
[1] As an aside, people rightfully rip on military spending waste a lot, but it is still a decently functioning jobs program.
For reference, I make close to $200k and my effective federal tax rate including FICA taxes was 16%.