Two Economies – One Consumer, Two Consumer, Rich Consumer, Broke Consumer
https://i.redd.it/d53dqjqgjcwg1.jpeg
Posted by LHMacro
Two Economies – One Consumer, Two Consumer, Rich Consumer, Broke Consumer
https://i.redd.it/d53dqjqgjcwg1.jpeg
Posted by LHMacro
2 Comments
And the top 1% pay 40% of the income tax, while the bottom 50% pay just 3% of the income tax. So that checks out proportionally. [https://taxfoundation.org/data/all/federal/latest-federal-income-tax-data-2025/](https://taxfoundation.org/data/all/federal/latest-federal-income-tax-data-2025/)
The middle blue bar description is wrong. It should say.. Top 10% **excluding** top 1% otherwise the math does not add up.