Submitted by TerpFlacco t3_zttcoz in news
Vaginosis-Psychosis t1_j1g1rsm wrote
Reply to comment by [deleted] in IRS delays rule change for people who get paid on Venmo, Etsy, Airbnb and other apps by TerpFlacco
The richest 1% of Americans pay over 50% of all income taxes in the entire country.
Also, ~40% of Americans pay no federal income taxes at all due to deduction. So only ~60% of working adults actually pay taxes.
Miaoxin t1_j1gnj52 wrote
The total taxes paid isn't up for debate. Obviously people who make more in total should pay more taxes in total. It's the percent versus income that is being questioned.
Vaginosis-Psychosis t1_j1i2eaf wrote
My statement stands. The rich pay most of the taxes.
known-to-blow-fuses t1_j1j7r94 wrote
But the richest 1% has more than 50% of the income.
Vaginosis-Psychosis t1_j1j8qax wrote
Which is why they pay over 50% of the taxes!
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