|
|
|
|
|
by smt88
3290 days ago
|
|
> if someone makes more money, then they will pay more in taxes? Absolutely not true for everyone. It depends heavily on how they make their money. Many very wealthy people are also able to abuse loopholes and decrease their tax bills. Do you remember when people thought Trump didn't want to release his tax returns because they showed he paid zero taxes? Yes, that's a real thing. Billionaires making millions in a given year are able to pay nothing, if they organize their finances correctly. Also, people have value to the economy outside of tax dollars. They also spend money, fill jobs that aren't filled by domestic workers, and produce babies (which wealthier people produce at a lower rate and which are necessary to fund things like Social Security). |
|