"skilled earners" here being a euphemism for inherited wealth oligarchs and trust fund kiddies, or are we pretending wage earing individuals are included in the top 1%?
are we pretending wage earing individuals are included in the top 1%?
You seem to be confusing the top 1% with the top 0.01%. The vast majority of top 1% income earners -- in Canada, the number was recently reported as 95% by Statistics Canada -- are employed, with the largest numbers being in management, medicine, and "business professional" (lawyers, accountants, etc) professions.
most income for the state is from income tax, trust fund kids and oligarchs dont have high income tax[0] , and the wealth tax can be easily lowered by tax planning