This is completely true.

The reason the top half pay all the taxes is the top half have all the goddamned money. And that, of course, makes sense: the top half have the only realistic chance at accumulating enough labor-derived money to buy into capital and they've been doing exactly that for the last fifty years. Capital is not linear per-hour. Capital is a multiplier. That's why they have all the money. That they have all the money is the core and the source of the mess we're dealing with right now.

Which means there is another question to be asked: should taxes be lowered? As someone very firmly in that top half, I am benefited by having people in the lower half of the income distribution not starving and dying in the streets, not dying of easily preventable injuries and illnesses, and not being so crushed by debt that revolution looks appealing.

So are you. It's not about you, and it's not about me, but it's about us. We need to do better by us, so we can all keep this thing ticking along.

And I gotta say, it's important not to miss that even that Bloomberg article elides a really, really important question: how much of that net $915 from that hypothetical renter now goes to (poorly) covering for the cuts in other services that will be necessitated to avoid budgetary disaster? It's a hard question, because nobody really knows, but it's a question whose answer will impact the people at the bottom of the income distribution the most, by far.