You’re all set, the GOP has the house

[wdmso]

Originally Posted by Jim in CT

wayne, here we see data that shows that for tax year 2020, the top 1% had 22% of total national income, yet paid 42% of the total national federal income tax.

In other words,,their share of the national tax burden was just about twice as large as their share of national income.

The tax code can likely be tweaked to make it more fair. But it’s already very, very progressive. Trump increased the number of people
at the bottom who pay nothing, by doubling the standard deduction. You should celebrate that. but we know why you won’t.

https://www.ntu.org/foundation/tax-p...s-income-taxes

in a growing economy, wealth inequality has to increase, because the wealthy have more to invest. You can’t prevent that, and there’s no sane reason to try. would you support a law that makes it illegal to work or invest after someone becomes a billionaire?

one persons wealth, doesn’t hurt anyone else, assuming they didn’t steal it. the liberal fixation of the wealthy, who today are mostly liberals.

The democrats ran the show for two years, how come they didn’t do anything to fix it?

yet the 1% paid 42% of the total national federal income tax.

that you claim republicans want to eliminate and replace with a 30% sales tax

I am no mathematician but I don’t see how they could fund just the military with their plan

Jim’s another republican supporting the wealthy blindly in hope he’ll be rich someday

FYI Jim not paying your taxes is stealing… if those in government allow a system to benefit donors who argue those tax laws allow them to hire and re invest
But they do neither . It’s stealing

[Jim in CT]

Originally Posted by wdmso

yet the 1% paid 42% of the total national federal income tax.

that you claim republicans want to eliminate and replace with a 30% sales tax

I am no mathematician but I don’t see how they could fund just the military with their plan

Jim’s another republican supporting the wealthy blindly in hope he’ll be rich someday

FYI Jim not paying your taxes is stealing… if those in government allow a system to benefit donors who argue those tax laws allow them to hire and re invest
But they do neither . It’s stealing

"that you claim republicans want to eliminate and replace with a 30% sales tax "

But neither you nor I know if that will change the % of tax paid by the top 1%. You're making blind assumptions. But I agree it's probably a stupid idea.

On a different note, if the top 1% pay twice as much in federal income tax as they hold of taxable income, doesn't that sort of mean they are paying their share? Your side likes to claim they don't...

"I am no mathematician "

Get outta here. Could've fooled me...

"I don’t see how they could fund just the military with their plan "

So either their plan wouldn't even fund the military, or else you don't know what you're talking about, in which case get some facts before you condemn it?

"Jim’s another republican supporting the wealthy blindly in hope he’ll be rich someday "

I didn't support them, I stated facts.

Which party do most wealthy register under, Wayne? So who is bowing to the wealthy?

"FYI Jim not paying your taxes is stealing"

I agree 100%. So you're saying Al Sharpton is a crooked thief, then? Because your side LOVES him.

"if those in government allow a system to benefit donors who argue those tax laws allow them to hire and re invest
But they do neither . It’s stealing"

(1) the wealthy pay plenty.
(2) the wealthy are mostly democrats.

Democrats controlled the entire federal government for Bidens first 2 years, and did nothing to improve it. How is that the Republican's fault, exactly?