4 ms·
The top 1% pay like 25% of all taxes. If we want to increase tax revenue 25%, we can just double the taxes on the top 1%. This might cause some of the top 1% to
by Buttons840 1y ago
The top 1% pay like 25% of all taxes. If we want to increase tax revenue 25%, we can just double the taxes on the top 1%. This might cause some of the top 1% to suffer the extreme suffering of being in the top 2%.
What part of the math am I not understanding?
- Ray20 1y ago>The top 1% pay like 25% of all taxes. If we want to increase tax revenue 25%, we can just double the taxes on the top 1%. Just look at the countries that have already done this. What share of taxes does their top 1% pay, and does that consistent with your model? Or does the reality show exactly the opposite result?
- Buttons840 1y agoYou'll have to tell me. It's time to make your argument, because it's not obvious.