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But do the wealthiest 10% pay 90% of the taxes? Answer: nope. Eventually there's a reckoning for this discrepancy, but that's why we have corporate media to del
by varelse 5y ago
But do the wealthiest 10% pay 90% of the taxes? Answer: nope. Eventually there's a reckoning for this discrepancy, but that's why we have corporate media to delay that as long as possible.
https://taxfoundation.org/publications/latest-federal-income-tax-data/ https://taxfoundation.org/publications/latest-federal-income...
- opo 5y agoFrom your link it says the top 10% received 47.7% of gross income but paid 71.4% of total income taxes paid. Why do you think that if they receive 47.7%, they should pay 90% of the taxes?
- varelse 5y agoBecause they own 90% of the toys and I think we should be taxed more on our share of the toys as opposed to our annual take of toys or we are eventually heading for a nasty tragic unproductive violent revolution. But thank you for playing. If you can make the singularity happen instead and then end scarcity that'll work too, but good luck with that. Also if you haven't figured out by now that the investor class has figured out how to shelter almost all of their income from taxation, you haven't been paying attention. Time to make them work for their tax dodging ways again IMO. I am also aware of previously badly implemented wealth taxes that hit just about everyone because of their very low threshold. So have a high threshold this time, say 10 or 50 million $$$, problem solved. Maybe I would feel differently if I were one of the lucky few with a bug out bunker/castle/estate in New Zealand or inside a dormant volcano, but alas.