Source: Inequality.org
by Reyanna James
“A recent analysis from the Tax Foundation argues that the US federal income tax system remains solidly progressive. Citing new Internal Revenue Service data for tax year 2023, the group is emphasizing that high-income taxpayers pay the highest average tax rates and account for a large share of total income taxes paid. On its face, that claim sounds reassuring—a sign that our tax code must surely be doing its job. But this framing leaves out a critical part of the story. Yes, the wealthy pay more in taxes than everyone else. The real question: whether they’re paying enough, their fair share relative to their rapidly growing share of our nation’s income and wealth. By that measure, the answer must be a clear no. The US tax system, the underlying data show, remains far less progressive than it once was — and far less effective at counteracting inequality than it needs to be.” (05/07/26)
https://inequality.org/article/who-pays-federal-income-taxes/