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"Pay your fair share billionaires!" screeched the 61% of Americans paying no federal income tax.
by khaki54 5y ago
"Pay your fair share billionaires!" screeched the 61% of Americans paying no federal income tax.
- dane-pgp 5y agoTo be clear, the 61% figure is unique to the exceptional circumstances of 2020, and "It's expected to fall back down to 42% in 2022 and remain at around 41% or 42% through 2025".[0] I don't know if you think that 42% of Americans paying no federal income tax would be a sufficiently small percentage that the criticism of billionaire tax rates would suddenly become valid, but it's worth pointing out that 58% of Americans therefore would be paying these taxes and would constitute a majority of the voting public. [0] https://www.cnbc.com/2021/08/18/61percent-of-americans-paid-no-federal-income-taxes-in-2020-tax-policy-center-says.html https://www.cnbc.com/2021/08/18/61percent-of-americans-paid-...
- khaki54 5y agoNo. I think that people who are paying zero or almost no federal tax should not be claiming that people paying $50K, $100K, or $1M aren't paying their fair share.
- KorematsuFredt 5y agoYeah, I demand my fair share of hat Bezos or Musk have earned. Drives away in my Tesla before the downvotes come.