Popular Tax-Paying Belief Doesn’t Add Up
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The one good thing about beating a dead horse is that the horse doesn’t mind. Mary Edwards regurgitates the same tired populist myth--the little people pay while the wealthy get off easy [“Ordinary People Pay the Price for Tax Honesty,” Letters, April 21].
According to IRS data, the top 1% of income earners paid 35% of the personal income tax, the top 5% paid 54%, the top 25% paid 82%, while the bottom 50% paid a mere 4%. So who’s pulling the wagon and who’s is riding on the wagon?
Andrius Varnas
Redondo Beach