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> If you're in the top 0.1%, the actual taxes you pay each year is a far lower percentage than the middle class would pay, due to this unequal system. This is

by harryh 9y ago

> If you're in the top 0.1%, the actual taxes you pay each year is a far lower percentage than the middle class would pay, due to this unequal system. This is false. Paid tax rates rise progressively with income in the US. https://taxfoundation.org/summary-latest-federal-income-tax-data-2016-update/ https://taxfoundation.org/summary-latest-federal-income-tax-... The NYTimes article that you link to doesn't really discuss tax benefits that are valuable to the top 0.1% so much as those that are valuable to the upper-middle class: the mortgage interest tax deduction, 529 plans, 401k/IRA deductions, various aspects of our health care law, etc are all extremely valuable to this group but small potatoes to those making $2M+ per year.

jorblumesea 9y ago
Paid tax rates rise, but the higher income classes don't make much of their money based on income tax. That's why it's unequal, their method of earning money is substantially different from the average person, and taxed differently.
- harryh 9y ago
  This is also false. I don't know what evidence you think this is for this point of view but it just ain't so.