How Much Do the Top 1 Percent Pay of All Taxes?

Ever since President Obama started running for president in 2007, there has been a debate about how much tax rich Americans pay and whether they should pay more. In that ongoing debate, Paul Krugman and Matt Yglesias criticized the chart below because, according to them, it does not give a complete picture of the tax … Continue reading How Much Do the Top 1 Percent Pay of All Taxes?