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This is a wildly misleading figure. First, the primary driver of this "inequality" is the widening gap between the rich and the poor in the US. The top 10% of
by 2arrs2ells 16y ago
This is a wildly misleading figure.
First, the primary driver of this "inequality" is the widening gap between the rich and the poor in the US. The top 10% of earners in the US take home nearly 50% of the country's total income. Under a "flat tax" system (i.e. everyone pays 20%), they would still pay nearly 50% of the country's total income tax. Under our system they actually pay 70% of all taxes. Do you think it's "unequal" for people who take home more income to pay proportionally more income taxes?
Second, even people paying zero income tax pay ~15% of taxes on income for social security + medicare, as well as a disproportionate share of their income on regressive taxes, like sales tax and gas tax.
- wheaties 16y agoNope, I don't think it's unfair that the people who earn more pay more. In fact, I'm for it. However, what I'm against is even a small group not paying for it. This "small" group right now is nearly half of the population. The argument for regressive taxes is also poor. Come to New Hampshire where there is no sales tax or W-2 income tax. The air is clean, the mountains well hiked and the people friendly. Take a look at the state's finances too. The regressive taxes there are on inheritance, dividends, investment income and a few things else I can't remember. That hits the rich far more than the poor.