[caramelcustard]

"The latest government data show that in 2018, the top 1% of income earners—those who earned more than $540,000—earned 21% of all U.S. income while paying 40% of all federal income taxes. The top 10% earned 48% of the income and paid 71% of federal income taxes." https://www.heritage.org/taxes/commentary/1-chart-how-much-t...

Nice of you to imply that only "the rich" can buy/sell assets, especially in a post-Gamestop world.

[orwin]

Now, add VAT to income taxes, and change the referential. Top 1% gives back X% of their income as taxes, top10% gives back Y%. If Y>X, you have inequality issues.

[caramelcustard]

"Inequality" in percentage but not the actual revenue. Not sure what is the point of adding VAT though. "The rich" does not pay it i presume, just like "average people" are free of capital gains taxes (lmao).