The Last 4 Years.

[Darrell Green Fan]

Originally Posted by Fishingfool

The wealthy not paying their fair in taxes is a myth.

Most of the government’s federal income tax revenue comes from the nation’s top income earners. In 2021, the top 5% of earners — people with incomes $252,840 and above — collectively paid over $1.4 trillion in income taxes, or about 66% of the national total. If you include the top 10% — everyone who made at least $169,800 — that figure rises to $1.7 trillion, or 76% of the total.

When a posters posts figures without a supporting link it's just a poster posting figures. While I'm sure the figures may be accurate you need to supply a link for context. But again I was not talking about the people earninng a few hundred grand, I'm speaking of people like Donald Trump or Elon Musk.

As for @nonnie's comment directed at me which claimed many if not most high earners were Democrats again I am talking about the untra wealthy. The truth is the 50 wealthiest families breakdown is 56% Republican and only 14% Democrat with the balance split between 2 spouces. Here is the list of the top 10 richest families and their party affiliation:

1. Walton – Republican

2. Koch – Republican

3. Mars – Republican

4. Cargill-MacMillan – Republican

5. Johnson (Fidelity) – Republican

6. Hearst – Republican

7. Cox – Democrat

8. Pritzker – Both

9. Johnson (S.C. Johnson) – Republican

10. Duncan – Republican