3 ms·

I feel like free company cars won't impact the super wealthy at all...

• gruez 3y ago
  "company cars" is just an example. If you want to look at the statistics, look at Federal government total receipts[1] divided by GDP. You'll see that it's mostly remained flat since the 1950s (since the data starts) despite large changes in headline tax rates. https://files.catbox.moe/c1ltvd.png https://files.catbox.moe/c1ltvd.png [1] https://fred.stlouisfed.org/series/W018RC1Q027SBEA https://fred.stlouisfed.org/series/W018RC1Q027SBEA
  • Guvante 3y ago
    Effective tax rate is not the same as total receipts and talking about total receipts when discussing insufficient taxation of the wealthy is falling into the "all taxes are paid by the poor indirectly" trap.