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20% does seem like a good deal for all those things, but it's important to remember that the top 20% already pays 95% of the taxes. So if those things are good
by Consultant32452 9y ago
20% does seem like a good deal for all those things, but it's important to remember that the top 20% already pays 95% of the taxes. So if those things are good they're only good because he's already been paying for them.
So if you enjoy the stable political system, strong asset protection, your free education, and relatively unpolluted environment it might be time to add Jeff Bezos to your Christmas card list to thank him for funding all that for you.
- oblio 9y agoThe real question is: how much do the top 20% make and/or own? If it's 95% or more, then those taxes seem quite fair, don't they? Found some data: https://en.m.wikipedia.org/wiki/Wealth_inequality_in_the_United_States https://en.m.wikipedia.org/wiki/Wealth_inequality_in_the_Uni... Top 20% owned 93% of wealth in 2014, and I don't see why that number wouldn't go up. It's a bit harder to find numbers for income, though.
- Consultant32452 9y agoI don't take incident with the 20% mark. I only take incident with the insinuation that the great societal benefits Bezos enjoys for his 20% was provided by someone else.
- oblio 9y agoIf Amazon does shenanigans to hide money you and I couldn't hide from the taxman, then that might still be true.
- Consultant32452 9y agoThat doesn't matter unless you believe that Bezos/Amazon is pulling some unique shenanigans compared to every other wealthy person/company. Because even after the cumulative shenanigans of all the wealthy people they're still paying 95% of the taxes.