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Jack the Greater

(616 posts)

12. The top 25% of earners pay 86.7% of federal income tax.

Reply to Heather MC (Original post)

Fri Oct 28, 2022, 06:04 PM

Oct 2022

The top 5% of earners pay 59.5% of federal income tax.

Your argument that "we the people" are majority owners of the govt falls kinda flat when you look at real numbers. But of course this depends on how you define "we the people". If by "we the people" you mean the top 5% of earners then you are correct.

https://taxfoundation.org/publications/latest-federal-income-tax-data/

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We The People OWN 65% of The Government's Revenue. doesn't that ummmm... [View all] Heather MC Oct 2022 OP

You're linking to the Mercatus Center in support of your claim? Are you sure? mahatmakanejeeves Oct 2022 #1

I didn't realize that wasn't a good source to use please give me one moment Heather MC Oct 2022 #2

The Mercatus Center gave us Enron. mahatmakanejeeves Oct 2022 #4

I provided you with the more reputable link, It States that we pay 50% to the government revenue Heather MC Oct 2022 #5

No, I do not agree with that. mahatmakanejeeves Oct 2022 #6

May I ask why not? Heather MC Oct 2022 #7

As a necessity to support the things that all citizens rely on, mahatmakanejeeves Oct 2022 #8

Even people who don't pay taxes contribute Heather MC Oct 2022 #10

I'm not speaking from the standpoint of the Republican view of we pay our tax money Heather MC Oct 2022 #9

Huh? Do you have any idea what are you talking about? mahatmakanejeeves Oct 2022 #11

In some cases yes Heather MC Oct 2022 #13

Ok I fixed it Heather MC Oct 2022 #3

The top 25% of earners pay 86.7% of federal income tax. Jack the Greater Oct 2022 #12

Please look at this graph Heather MC Oct 2022 #14

I looked at your graph before I replied. Jack the Greater Oct 2022 #15

Why are you upset? Heather MC Oct 2022 #17

And just to drive the point home in no uncertain terms Jack the Greater Oct 2022 #16

We are all Tax payers Heather MC Oct 2022 #19

Sometimes I think if I stood on a street corner Mr.Bill Oct 2022 #18

I would say People Heather MC Oct 2022 #20

Of out 31 trillion of debt, Mr.Bill Oct 2022 #22

True, But that's part of the choas Heather MC Oct 2022 #23

Ownership can also depend on whether you have voting shares or non-voting shares of the stock. keithbvadu2 Oct 2022 #21

So...if we go to more progressive taxation, rich people should have MORE of a voice than they do now brooklynite Oct 2022 #24

I apologize You misunderstood my point, may I clarify? Heather MC Oct 2022 #25

No, not at all nt AZSkiffyGeek Oct 2022 #26

Then we continue to disagree, and that's OK Heather MC Oct 2022 #27

Here's why that does not clarify things muriel_volestrangler Oct 2022 #28

However, The way The Republican party Our tax investment into this country Heather MC Oct 2022 #29