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The highest-earners pay a lower effective tax rate than the median earner. Most humans agree that progressive taxation is moral and just, but today "raising ta
by rrrrrrrrrrrryan 6y ago
The highest-earners pay a lower effective tax rate than the median earner.
Most humans agree that progressive taxation is moral and just, but today "raising taxes on the wealthy" merely means "raising taxes on the wealthy to match the average person".
- fortran77 6y agoThat's simply not true, especially in California because of the elimination of SALT deductions. High salaried earners pay a disproportionate amount of taxes in the Unites States -- more than the percentage of money that they earn. While I'm sure there are a few wealthy people that have odd business arrangements that allow them to legally beat taxes, that's not the case for the overwhelming majority of people. I just like fairness. I think they should raise taxes to pay for the COVID bailouts. But on EVERYONE. Not just on someone else. On me and on you. Because I'm not a spiteful jealous person. https://taxfoundation.org/summary-latest-federal-income-tax-data-2018-update/ https://taxfoundation.org/summary-latest-federal-income-tax-...