The wealthy don’t pay their fair share of taxes due to loopholes. This fact check explains some of it.
https://checkyourfact.com/2019/01/09/fact-check-90-percent-taxes-eisenhower-1950s/
This is an opinion article but here is a quote:
<< Last year, America’s Gini Index was at 0.49, a tie for the highest on record. It’s not the absolute worst rating but it’s definitely not up to standard for the greatest democracy in the world.
If you want to see who gets penalized by the system as it exists, it’s America’s workers. If you don’t fairly tax the rich because they make money differently than the poor do, you’re literally ensuring that our massive inequality continues to grow. Which is exactly what Republican resistance to a wealth tax is doing. >>
https://www.msnbc.com/opinion/america-s-billionaire-tax-plan-why-congress-still-isn-t-n1284600
