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True, they pay around 75-80% of income taxes. I suppose the good news for them then is that if tariffs fail to replace the 20-25% of income tax that would be l
by tzs 2y ago
True, they pay around 75-80% of income taxes.
I suppose the good news for them then is that if tariffs fail to replace the 20-25% of income tax that would be lost by eliminating income tax on people making under $150k and it has to come from raising taxes on the folks making over $150k it would only be a 25-33% tax increase on them.