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3.4% of their income in taxes. Not 3.4% of all income taxes paid in the country. They paid $13.6 billion from 2014-2018. Total income taxes were about $1.5 tri
by TheCoelacanth 5y ago
3.4% of their income in taxes. Not 3.4% of all income taxes paid in the country.
They paid $13.6 billion from 2014-2018. Total income taxes were about $1.5 trillion per year or about $7.5 trillion over the same timespan, so they paid about 0.18% of total income taxes.
- rufus_foreman 5y agoSo 0.001% of people paid 0.18% of income taxes? How the fuck is that fair?
- hedora 5y agoIt's not. They made way over 180x as much money as the average person.
- feoren 5y agoAs per my other comment: vastly, vastly, vastly, VASTLY underestimating the size of the wealth gap in America. https://mkorostoff.github.io/1-pixel-wealth/ https://mkorostoff.github.io/1-pixel-wealth/
- rufus_foreman 5y ago"Gap" is a value judgement. I don't share your values.
- TheCoelacanth 5y agoValue-based pricing. They got the most value out of the country, they should pay the most for it.