Yes, the United States has the most progressive tax system in the world. The top 1% pay 40% of taxes, the bottom 50% pay 3% of taxes. We can make it even more progressive by zeroing out taxes on the bottom half. Itâs a small amount of the total tax revenue but very meaningful to people in this group.
Jeff Bezos said the bottom half of Americans should pay zero federal income tax.
He cited a nurse in Queens making ~$75K and paying ~$12K in taxes saying âwe shouldnât be asking this nurse in Queens to send money to Washington.â