For the first time on record, the 400 wealthiest Americans paid a lower tax rate
What a shit article.It's well known that despite the high marginal tax rates of the past, very few people ever paid those.  Deductions abound that have since been eliminated.What you should really look at is real effective tax rates by income level.[1]  What you'll find is that the top 1% make 19% of all income, but pay 37% of all taxes, with an average tax rate of 27%.The bottom 50% earn 11% of all income, but only pay 3% of all taxes, for an effective rate of 3.73%.[1]https://taxfoundation.org/top-1-percent-tax-rate/