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Topic2% of America pays for 80% of its taxes. Should this be skewed more?
Balrog0
08/10/17 1:28:40 PM
#12:


Bok_Choi posted...
Darkman124 posted...
Bok_Choi posted...
individual income taxes.



do you think this is the only form of tax

So you're saying that we need to tax corporations too, at a higher rate?
I mean I'd agree.
But
All told, individual income taxes accounted for a little less than half (47.4%) of government revenue, a share that’s been roughly constant since World War II. The federal government collected $1.54 trillion from individual income taxes in fiscal 2015, making it the national government’s single-biggest revenue source.


So it's pretty clear the individual income tax is really important

http://www.pewresearch.org/fact-tank/2016/04/13/high-income-americans-pay-most-income-taxes-but-enough-to-be-fair/


yeah but the second highest tax is the payroll tax which is much more regressive than the income tax
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