From at outside perspective it's interesting how little the US taxes people in the top 5% income bracket. Here in Denmark the progressive tax on this segment makes up the biggest source of tax collection.
You might be surprised how much Denmark taxes the bottom 50%, and how little the us taxes the bottom 50%.
That's actually rather impressive then that if they have significant taxes on the bottom 50% that they still get the majority of their revenue from the top 5%.
Indeed. Everyone in the US calling for higher taxes on “the rich” is shocked when they see how much their taxes would go up too if we had EU-average tax rates.