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    InvestAnswers
    @Investanswers
    In the UK the top 10% pay 60%. In the US the top 10% paid 76% of all federal income taxes! Now what happens to the tax base when the top 10% relocate? Note: Geographic Arbitrage is getting more popular. Laffer Curve is real.
    user avatar
    Lyndon Wood 鉁岋笍馃懡馃檹
    @Lyndonx
    28 jul
    45% of UK pay zero income tax 10% top pay 60.3% of income tax 1% top pay 27% of all income tax That鈥檚 56% total leaves 44% in the middle who will have to pick up more taxes because the rich and wealthy are leaving and I don鈥檛 blame them. Be careful what you wish for. Of
    4:59 路 29 jul 202622,9 milReproducciones
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    RancidCrypto
    @rancidcrypto
    29 jul
    They will never ever get it. The big money packs an overnight bag. Gets on a jet, and says fuck off. We can buy a passport and citizenship for under 200k. Threatening the wealthy only makes a country go broke!
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    The Big Green House
    @PennyStockLane
    30 jul
    Interesting. So, the top 10% earn 53% of the income and pay 76% of all federal income tax, and the bottom 90% make 47% of all revenue, and pay 31% of all federal income tax. Looks like the rich pay more than double ... if this chart is accurate.