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The top 1% makes makes 20.9% of all income, but pays 24.1% of all taxes.
The bottom 20% makes 2.8% of all income and pays 2.0% of all taxes.
Here, we can see the progressive factor of taxes in play, but it's not extreme by any means. In fact, outside the top 1%, no other earning bracket pays more than 1% of total taxes than they earn out of all income.
Are the dollars from the rich less valuable somehow?
are you required to employ someone, or to work a certain # of hours yourself?
that's about where the "slave" and "taxed at gunpoint" reveal the nonsensical nature of the assertion.
I don’t understand your question.
For example, when you have the minimum wage law, you are forcing people to do things they don’t want to do. Why do you do that unless you think the people are your slaves?
I don't ever see anyone counter the argument that if we took all the US individual wealth, and spread it evenly per person or per family, that pretty soon 90% of the rich would be rich again and 90% of the poor would be poor again.
That would be the long and short of it and they don't have a counter-argument.
Well, that's your opinion. But the founding fathers did not think using percentages is evil and immoral. You're welcome to stay in your country rather than coming here if you like their tax structure better.
Well, that's your opinion. But the founding fathers did not think using percentages is evil and immoral. You're welcome to stay in your country rather than coming here if you like their tax structure better.
The founding fathers didn’t implement federal income tax.
The founding fathers didn’t implement federal income tax.
But they did implement taxes using percentages. Your concern was around percentages vs dollar amounts.
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