zlacker

Income taxation is not a good proxy for all taxation. If you look at the effective taxation of some of the richest individuals in America, you'll see they pay far less than income tax percentages would lead you to believe [1].

[1]: https://www.propublica.org/article/the-secret-irs-files-trov...

>>theoss+(OP)
Sure, but that just makes it worse for high-salary earners (me and I suspect a lot of HN readers).