“In 1980, when the top tax rate was 70%, the richest 1% paid only 19% of all income taxes; now, with a top rate if 35%, they pay more…”
Every thing you say here is true, but the more telling detail is the top 1% of the richest, earned 70% of everything. Although a 19% of total tax seems high compared to their 1% status, is seems a little low when compared with their 70% of earnings!