4 ms·
Reminder that the bottom 50% of the population by income pays 3% of federal tax receipts. Collecting tax from them is theater designed to make taxation seem mor
by nazgulnarsil 5y ago
Reminder that the bottom 50% of the population by income pays 3% of federal tax receipts. Collecting tax from them is theater designed to make taxation seem more fair, but after frictional costs of collection + deadweight losses are accounted for this is likely net negative.