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Its because those that control the majority of the money also control the majority of the power. Us plebs don't have the power to fix the tax code. The US tax
by annoyingnoob 7y ago
Its because those that control the majority of the money also control the majority of the power. Us plebs don't have the power to fix the tax code. The US tax code is a mess and its very unbalanced, where the folks in the upper middle pay all of the taxes with the outliers on either side paying very little (on a percentage basis).
I know a few folks in the top percentiles that feel like they pay the same number of dollars or more than everyone else - they see this as fair. They seem to miss the fact that they get to keep a larger percentage of their money every year. If you get to keep more of your money every year than everyone else then its easier to build your wealth at the expense of everyone else.