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Here's Who Makes The Money In This Country - And Who Pays The Taxes

Here's Who Makes The Money In This Country - And Who Pays The Taxes
Politics1 min read

Income Share 50%

Business Insider

The top 50% of earners make almost all of the money.

One of the most challenging and important issues in the U.S. right now is the rise of income inequality.

The country's highest earners are taking home a bigger percentage of the national income than at any time since the 1920s.

That's hurting the rest of the country - and the rest of the country is understandably frustrated about that.

At the same time, in part because of this rising income disparity, the country's highest earners are paying the lion's share of the nation's income taxes.

The highest earners are frustrated about that.

It's easy to hear all the talk about inequality and taxes without being able to visualize this. So, last year, BI's Eric Platt and I put together some charts to illustrate it.

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