Top 20% of earners pay greater percentage of income tax collected after tax cut

[tonymctones]

and the bottom 60% pay less of total income tax collected after tax cut...

https://www.wsj.com/articles/top-20-of-americans-will-pay-87-of-income-tax-1523007001

I am assuming this is why we have stopped hearing about this from the dems.

“The results show how steeply progressive the U.S. income tax remains. For 2018, households in the top 20% will have income of about $150,000 or more and 52% of total income, about the same as in 2017. But they will pay about 87% of income taxes, up from about 84% last year.

By contrast, the lower 60% of households, who have income up to about $86,000, receive about 27% of income. As a group, this tier will pay no net federal income tax in 2018 vs. 2% of it last year.“

[Dos Equis]

and the bottom 60% pay less of total income tax collected after tax cut...

https://www.wsj.com/articles/top-20-of-americans-will-pay-87-of-income-tax-1523007001

I am assuming this is why we have stopped hearing about this from the dems.

“The results show how steeply progressive the U.S. income tax remains. For 2018, households in the top 20% will have income of about $150,000 or more and 52% of total income, about the same as in 2017. But they will pay about 87% of income taxes, up from about 84% last year.

By contrast, the lower 60% of households, who have income up to about $86,000, receive about 27% of income. As a group, this tier will pay no net federal income tax in 2018 vs. 2% of it last year.“

More proof that "fair share" is a lie. 

[mazrim]

Exactly why the tax reform bill wasn't that great/just average. Appears to be taking from others to give to others. Class warfare crap.