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Wealthy people pay almost all the taxes. the top 10% pay 71% of taxes and the top 25% pay 87%. 75% of the country contributes nearly nothing but complaints.

baal80spam 4y ago
> top 25% pay 87% Wow, this is pretty eye-opening.
- JaimeThompson 4y ago
  Only in regards to income taxes which may include large corporations. It doesn't include all the other taxes that nearly everyone pays.
- RyanHamilton 4y ago
  The 3 Richest Americans Hold More Wealth Than Bottom 50% Of The Country
- nemo44x 4y ago
  It is but it isn't surprising. Pareto Principal and all. So naturally, 20% of the people contribute 80% and 80% of the people contribute 20%, or thereabouts. The bottom 50% contribute nothing and in fact are a net negative contributor when you consider welfare, housing, etc, and other benefits. Of course, this doesn't stop certain scumbag pols like Warren from lying to them that it's the other half that's ripping everyone off.
ChuckNorris89 4y ago
>Wealthy people pay almost all the taxes #define WEALTHY
JaimeThompson 4y ago
>75% of the country contributes nearly nothing but complaints. Only if you ignore sales tax, car tax, property taxes, and other such taxes. The top 10% typically included major corporations but without a source I don't know if the percentage you use does.
- nemo44x 4y ago
  Sales tax, property tax, fees, etc are a rounding error essentially and are local. At a Federal level they are meaningless. Saying that I'd be all for a Federal sales tax of 20% if we could nearly eliminate income taxes.
  - lovich 4y ago
    Why? That puts more of the tax burden on those with the least
    - darth_avocado 4y ago
      No it doesn't. Those with less to spend also spend less. Contrary to popular belief, the so called utopias like Sweden, tax the poor at almost comparable rates as the rich.
      - lovich 4y ago
        Those who earn less pay less in income tax and we still had to implement a progressive taxation policy because of how much a flat tax percentage hurts those without disposable income compared to the wealthy. The poor already spend all their money on necessities. If you go to a flat sales tax it will hurt them more than the current progressive regime and favor the wealthy.
    - _-david-_ 4y ago
      You can exclude necessities from sales taxes and alleviate most of the taxes paid by the poor.
  - mbfg 4y ago
    A much higher percentage of what poor people buy is necessities compared to their salaries. They have much less choice as to buy or not. If a rich person were to buy at the rate a poor person does, it would be almost completely on frivolity. Sales taxes, imo, are especially targeted at the poor.
NotSammyHagar 4y ago
You have to include payroll taxes, all taxes. The top few percent have most of the wealth, too. When you include payroll taxes the tax distribution is much more even.

baal80spam 4y ago

> top 25% pay 87% Wow, this is pretty eye-opening.

JaimeThompson 4y ago
Only in regards to income taxes which may include large corporations. It doesn't include all the other taxes that nearly everyone pays.
RyanHamilton 4y ago
The 3 Richest Americans Hold More Wealth Than Bottom 50% Of The Country
nemo44x 4y ago
It is but it isn't surprising. Pareto Principal and all. So naturally, 20% of the people contribute 80% and 80% of the people contribute 20%, or thereabouts. The bottom 50% contribute nothing and in fact are a net negative contributor when you consider welfare, housing, etc, and other benefits. Of course, this doesn't stop certain scumbag pols like Warren from lying to them that it's the other half that's ripping everyone off.

ChuckNorris89 4y ago

>Wealthy people pay almost all the taxes #define WEALTHY

JaimeThompson 4y ago

>75% of the country contributes nearly nothing but complaints. Only if you ignore sales tax, car tax, property taxes, and other such taxes. The top 10% typically included major corporations but without a source I don't know if the percentage you use does.

nemo44x 4y ago
Sales tax, property tax, fees, etc are a rounding error essentially and are local. At a Federal level they are meaningless. Saying that I'd be all for a Federal sales tax of 20% if we could nearly eliminate income taxes.
- lovich 4y ago
  Why? That puts more of the tax burden on those with the least
  - darth_avocado 4y ago
    No it doesn't. Those with less to spend also spend less. Contrary to popular belief, the so called utopias like Sweden, tax the poor at almost comparable rates as the rich.
    - lovich 4y ago
      Those who earn less pay less in income tax and we still had to implement a progressive taxation policy because of how much a flat tax percentage hurts those without disposable income compared to the wealthy. The poor already spend all their money on necessities. If you go to a flat sales tax it will hurt them more than the current progressive regime and favor the wealthy.
  - _-david-_ 4y ago
    You can exclude necessities from sales taxes and alleviate most of the taxes paid by the poor.
- mbfg 4y ago
  A much higher percentage of what poor people buy is necessities compared to their salaries. They have much less choice as to buy or not. If a rich person were to buy at the rate a poor person does, it would be almost completely on frivolity. Sales taxes, imo, are especially targeted at the poor.

NotSammyHagar 4y ago

You have to include payroll taxes, all taxes. The top few percent have most of the wealth, too. When you include payroll taxes the tax distribution is much more even.