Class Warfare Update: Do the Rich Pay their “Fair” Share of Taxes?

The United States has the most progressive tax system among the Organization for Economic Collaboration and Development states. Says who? Says OECD, which, the last time I checked, was not a mouthpiece for the Koch brothers.

The top richest decile earns 33.5% of the national income and pays 45.1% of personal income taxes, for a ratio of 1.35. That compares to 28.4% share of income for all OECD nations and 31.6% share of all income taxes paid, for a ratio of 1.11.

It is not clear from this Tax Foundation blog post whether income taxes paid by U.S. citizens include state income taxes or not. If it does, Virginia’s income taxes are way more progressive than in other OECD countries.