How Much Is Not Enough?
Tom Sgouros (who is apparently more involved in this bill than I’d thought) just said:
The state is getting too much of its money from people who can’t afford to give it, and not much money from those who can.
But this is different in kind from what he’s been arguing thus far, which has been the percentage of income that the individual pays. If he wants to argue how much money the state is getting from whom, he’d have to look at the 80% of taxes paid by the top quintile. (That’s “ish”; I can’t recall where the 80% cut-off is, exactly.)