'spread the wealth' around: a history

[mattkime]

>>The personal income tax, the federal government's main source of revenue, is collected overwhelmingly from a relative handful of Americans. Indeed, the most recent IRS data shows that the top 1 percent of filers paid nearly 40 percent of all income taxes. That means the top 1 percent paid about the same as the bottom 95 percent, according to the Tax Foundation, a nonpartisan research group. The bottom 50 percent paid just 3 percent.

I'm curious how that relates to wealth. i have no idea, but the top 1% of filers may very well have 40% of the income.