income tax is progressive but tends to become regressive at the very top when individuals have control over what counts as "realized income". The ultra wealthy in fact don't pay so much tax (and certainly not their "fair" share).
What you say is true absent any tax optimization, alas there is such a thing, especially at the top. Also, see works of Zucman and Saez.
What I said is self-evident to anyone above the age of 8, but thank you for providing a supporting graphic.
Oh and yeah it’s true 100% of the time, everywhere in the US. Let me state it again if you’re confused; rich people pay a higher income tax percentage than poor people.
income tax is progressive but tends to become regressive at the very top when individuals have control over what counts as "realized income". The ultra wealthy in fact don't pay so much tax (and certainly not their "fair" share).
What you say is true absent any tax optimization, alas there is such a thing, especially at the top. Also, see works of Zucman and Saez.