[Opinionated Blowhard]

The top 1pc, who earn £156,000 or above, will pay a whopping 24.2pc of all income tax this year

In the US, that number is 36% to 40% of all taxes, yet way too many Americans somehow believe that the US does not have a progressive income tax and that the rich don't pay enough. Wake up people, the US has one of the most progressive income taxes on the face of the earth.

[stocksthatgoup]

Rich Wealth = Relative Net Worth
Income = Relative New Work