Tax Distribution in the USA

[Plane]

Obviously there is a percentage at which the amount received is at the maximum, after which any raise will result in less revenue received. But the Republicans never talk about this: their mantra is ALWAYS to lower taxes, especially on the rich, who coincidentally pay them most of their campaign receipts.

It only occasionally raises revenues when taxes are raised. Experience has been that lower rates result in fewer, not more jobs.

That is obvious, isn't it?

What is not obvious is how close we might be to the top end of that curve already.

If your sense was that the government was less efficient at employment than private employers , you might see a steeper curve than you do.

If Republicans felt more confident that the government was wise and thrifty , they might feel that they were getting something like a good value for the dollar spent on taxes.

[Plane]

That is a nice chart.

How do you interpret it?

Presumably, in the past, the proportion of the tax burden paid by the top 5% was less than now.

This seems counter to what one would expect from the trends represented on this chart.

So there are other facts not represented by such a simple chart, such as the sheer number of persons in the top 5% and the amount of cash it takes to be in the top 5% have both changed also.

  A greater number of persons paying top rates is just part of the good news, if there were fewer large fortunes there would have to be a greater burden on  more smaller fortunes.

I believe the "gap" between the rich and the middle class is exaggerated, there are more of us in total so the number in the middle may have grown, but not as rapidly as the total has grown.

The people who are third, forth generation or more in the USA have reached zero population growth, almost all of our population increase is immigration, what financial demographic does that swell?