On average, however, the wealthiest people in America pay a lot more in taxes than the middle class or the poor, according to the non-partisan Tax Policy Center. This year, households making more than $1 million will pay, on average, 29.1 percent of their income in federal taxes. A household making between $50,000 and $75,000 will pay 15 percent of its income in federal taxes, which includes income taxes and Social Security payroll taxes.
Still, Schumer argued that the issue could have a major political impact,'
"The president has a winning hand and he's going all in," Schumer said.
Associated Press writers Stephen Ohlemacher, Ricardo Alonso-Zaldivar, Sam Hananel, and Andrew Taylor in Washington, and Daniel Sewell in Cincinnati contributed to this report.
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