Quote of the Day
This is the most repeated claim in American tax politics and one of the least supported by actual data. The top 1% of earners take in 22% of total income and pay 40% of all federal income taxes. The top 10% earn about half the nation’s income and pay 72% of its taxes. The bottom half of earners, collectively, pay roughly 3% of the tax revenue. The United States, in fact, has the most progressive income-tax system in the developed world.
Veronique de Rugy
April 16, 2026
Contributor: Debunking five myths of the American tax system
And since the U.S. current debt is over $39 trillion dollars, the future is not looking good.
I want my underground bunker in Idaho to be complete.
End the welfare state! Outlaw collective bargaining for government employees: federal, state and local. Reform voting in federal elections to be a single day per year, in person with government issued photo ID. Permanent ink on both thumbs. If you’re military deployed overseas you vote at your unit. Abolish the income tax. Make the federal gubermint survive off of export and import fees / taxes / tariffs. Abolish all federal departments, agencies, etc not specifically spelled out in our Constitution. Unless there is a declared war in progress, the gubermint cannot spend more than it took in last year.
The game, as always, is to get the foot in the door chasing the ricos and then mug the middle class. Not the 1% nor even the 10% and I pay an amount that is way disproportionate to any thing I get. We have a spending problem.
Be prepared for the bunker tax.
With the proper framing (energy efficient, it’s green!), I will get a tax break.