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by zaroth
3042 days ago
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Just in case you’re curious; The top 1% of earners account for ~20% of all income but pay about 40% of all income taxes. The bottom 90% account for about 50% of all income but pay about 30% of all income taxes. 45% of Americans pay no (or negative) Federal tax. So yes, I think even if it’s a constant percentage (which it’s not) I do respect the top 1% of earners for their massive contribution to our tax base. I don’t personally believe the government has a moral authority to a progressively larger percentage of a person’s incone. And I do believe a person who works harder to earn a larger paycheck is absolutely subsidizing Americans who pay no Federal tax at all, and I’m very thankful for the 1% who pay 40% of the load. https://taxfoundation.org/summary-latest-federal-income-tax-... |
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