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re: Identity Politics are being used to divide this Country like no other time
Posted on 6/7/20 at 10:00 pm to frogtown
Posted on 6/7/20 at 10:00 pm to frogtown
frogtown, you are actually understating it. You are understating the extent to which the 1% are floating this whole country.
The top 10% of income earners pay more federal taxes than the bottom 90% combined.
Our tax system is nothing if not progressive. The US actually has the most progressive tax system on the planet.
And that's just taxes. Think about commerce and economy. That same top 10% is responsible for an extremely large share of commerce, ie "buying shite" that has to be invented, engineered, manufactured, distributed, marketed, sold, delivered. The backbone of the economy is based on this top 10% using their money (after taxes) to buy shite. Millions of jobs, not just jobs, millions of careers are built on this.
But the rich aren't doing their fair share muh.
The top 10% of income earners pay more federal taxes than the bottom 90% combined.
Our tax system is nothing if not progressive. The US actually has the most progressive tax system on the planet.
And that's just taxes. Think about commerce and economy. That same top 10% is responsible for an extremely large share of commerce, ie "buying shite" that has to be invented, engineered, manufactured, distributed, marketed, sold, delivered. The backbone of the economy is based on this top 10% using their money (after taxes) to buy shite. Millions of jobs, not just jobs, millions of careers are built on this.
But the rich aren't doing their fair share muh.
Posted on 6/8/20 at 10:57 am to deeprig9
quote:
And that's just taxes
And even that does not include property taxes and sales taxes.
I'd love to a study of the total state and federal tax load broken out by income level compared with total use/benefit of government programs (minus SS and Medicare) and use of resources.
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