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By percentage of income, or by dollar value? By dollar value, that seems possible. By % of income? Does not seem possible.
by kennywinker 3mo ago
By percentage of income, or by dollar value? By dollar value, that seems possible. By % of income? Does not seem possible.
- chriscrisby 3mo agoTop 50% of taxpayers paid about 97% of all federal individual income taxes. Therefore bottom 50% pay nothing or next to nothing.
- kennywinker 3mo agoSo you’re counting by dollar amount. Because find me a person who thinks 25% of their income is “next to nothing” Meanwhile, a tax avoiding billionaire will double their net worth and take out an asset-backed loan of 100mil to live off and then pay ~0% of that in taxes.
- chriscrisby 3mo agoIt’s pretty easy to someone who can’t wait for tax time because they pay negative taxes.