You've been misled >The top 1 percent paid a greater share of individual income ... | Hacker News

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		lucio on Nov 9, 2019 \| parent \| context \| favorite \| on: One-Percenters Close to Surpassing Wealth of U.S. ... You've been misled >The top 1 percent paid a greater share of individual income taxes (37.3 percent) than the bottom 90 percent combined (30.5 percent). https://taxfoundation.org/summary-latest-federal-income-tax-...

ryandrake on Nov 9, 2019 [–]

Which seems to make sense since the top 1% average over 39 times more income than the bottom 90 percent[1] and hold about 38% of all privately held wealth in the US[2].

1: https://inequality.org/facts/income-inequality/

2: https://en.wikipedia.org/wiki/Wealth_inequality_in_the_Unite...

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