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Cake day: June 9th, 2023

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  • The vast majority of tax in most countries is paid by those with higher incomes. In the US the top 1% of earners pay more than 40% of the tax collected and almost all the tax (97%) is paid by the upper half of earners.

    In the UK the numbers are a little different, but tell the same story (top 1% pays around 30%, top 10% pays around 60% of all tax collected).

    So while I know you mean relatively and not absolutely it’s still worth spending at least one minute to consider how much of the tax burden is actually shouldered by the wealthy.

    I come from a Scandinavian country and I’m ALL in on redistribution, free education, free healthcare etc. But let’s not have politics ignore the facts.