That seems wildly incorrect. In the US the bottom 50% are closer to ~3% of federal taxes.
The top 1% pay about 38%. The top 0.1% is simply not a lot of people and not helpful for thinking about how much you can juice them in absolute dollar amounts.
The top 1% pay about 38%. The top 0.1% is simply not a lot of people and not helpful for thinking about how much you can juice them in absolute dollar amounts.
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