Federal income taxes that is. The picture would be different if you included all taxes. Anyway, here is a terrific picture.
And folks want the “rich” to pay even more. I guess the rich can’t buy their way out of that one. Is there any limit to one’s moral obligation to society? If I engage in productive activity, am I commanded to do even more of it by virtue of doing that amount of good in the first place? That’s a weird world and weird ethical system. I want no part of it. Good thing for me I left my Wall Street job to produce less value as a teacher.
