Post

Those of us old enough to remember the 2012 campaign and Romney 47% comment know these figures are essentially the same in the US. Currently, about 40% of US households pay no federal income tax and the top 20% of the income distribution pays about 80-85% of federal individual income tax.

Clara Jeffery@clarajeffery.bsky.social

whoa www.nytimes.com/2026/10/26/w...

26/10/26, 4:34 am0 reposts11 likes

Lewis Lehe

@lewislehe.bsky.social

i dont see why people think the income tax figure is interesting. Israel has VAT and payroll taxes. Unclear why income tax payment is more interesting than say capital gains tax payment. Just one among many taxes