Wednesday, November 27, 2024

Can You Guess How Much the Top 1% Pay in Taxes — or How Little the Bottom 50% Pay?

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Woman at her desk calculating taxes
Andrey_Popov / Shutterstock.com

From the United States to Europe and countless other places, wealth inequality continues to grow. In recent decades, the gap between rich and poor has become a chasm, occasionally sparking protests around the world. In America, politicians often suggest that getting the rich to pay their “fair share” in taxes would help to close the gap between the haves and have-nots. But how much do the rich…



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