3 ms·
>as the 1% pay the majority of all taxes. I am sorry for jumping in the middle of the discussion (which you seemed to want to quit :-P) but this statement seem
by Epa095 3y ago
>as the 1% pay the majority of all taxes.
I am sorry for jumping in the middle of the discussion (which you seemed to want to quit :-P) but this statement seems to weird to not check out.
After looking into it a bit it SEEMS like it's only true under a very certain reading:
- "The 1%" must refer to the 1% with the highest income, and not the 1% richest, since the actual super rich don't really (often) have registerd income at all. So it's not top 1% richest, but the top 1% of the wage receivers. How much does the richest actually tax? No clue.
- Even when it refers to the top % of wage slaves, it is still wrong for "taxes", but true for "federal income tax" only. According to [1] the top 1% made ca 21% of the money, and payed 24% of the total tax burden. So not the majority.
1: https://itep.org/who-pays-taxes-in-america-in-2019/ https://itep.org/who-pays-taxes-in-america-in-2019/
- kaashif 3y agoYou seem to use wage receiver and wage slave interchangeably. The top 1% of wage receivers include people in literally millions of dollars per year who cannot reasonably be described as wage slaves.
- Epa095 3y agoTrue, most of them have probably accumulated so much wealth that they work because they want to, and can quit at any time. They still don't contribute the majority of the taxes though;-)