That article leaves out a lot of data points. Luckily, their source is easy enough to find, and it has some additional data that lets us dig a bit.
Here’s the underlying data:
| Percentile Group | Top 1% | Top 5% | Top 10% | Top 25% | Top 50% | Bottom 50% |
|---|---|---|---|---|---|---|
| Avg Income $ | 2,152,254 | 734,573 | 473,572 | 268,178 | 169,874 | 21,979 |
| Avg Tax $ | 561,523 | 169,466 | 99,971 | 48,433 | 26,959 | 822 |
| Tax % | 26.09 | 23.07 | 21.11 | 18.06 | 15.87 | 3.74 |
| Tax Bracket %* | 37.00 | 37.00 | 35.00 | 24.00 | 22.00 | 12.00 |
* - Using 2022 tax brackets as a married filer (source data was also 2022)
If anything, I’d argue that $561,523 in federal taxes on an income of $2,152,254 is too low.