Avoid loopholes with a sales tax
The top 1 percent pay 40.4 percent of all income taxes (1.4 million people), while the bottom 95 percent pay 39.4 percent (134 million people).
How are the wealthiest “not putting anything into the pot”?
They pay more than the bottom 95 percent combined!
The U.S. already relies heavier on the top 10 percent and puts the lowest tax burden on the poor of any OECD (Organization for Economic Cooperation and Development) nation!
Only 53 percent of people in this country pay any income tax. That is, 47 percent either break even or actually gain money, after all credits and refunds are issued (income tax, not payroll tax).