[mcsluggo]

Originally Posted by alexamenos

these sort of stats are nothing but annoying.

the biggest chunk of income taxes paid by that bottom 95% are social security and medicare taxes, highly regressive income taxes which are invariably excluded from these stats purportedly showing how progressive the income tax system is.

Originally Posted by chumdawg

It's a remarkable statistic, when looked at in those terms. But as the article states, twenty years ago the bottom 95% still paid a highly significant proportion of the income taxes.

Another way to view this is to say that the rich get richer. I'm not sure this isn't exactly the case.

quoted for truth.