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CBO and IRS reports on taxes show the richest pay the vast majority of Federal taxes, and a significantly higher rate than the middle class and poor. Care to ci
by ChrisLomont 8y ago
CBO and IRS reports on taxes show the richest pay the vast majority of Federal taxes, and a significantly higher rate than the middle class and poor. Care to cite otherwise?
Here’s a summary of CBO data [1]. IRS also posts much more detailed tax stats with the same results.
[1] https://www.taxpolicycenter.org/statistics/historical-average-federal-tax-rates-all-households https://www.taxpolicycenter.org/statistics/historical-averag...
- JetSpiegel 8y ago35% of trillions is still trilliions. 10% of 10k is difference between eating everyday and not. The marginal utility of money is negative past the first 10M per capita, if not less.