Comments by "Ego Brain" (@egobrain7349) on "Langone blasts Biden’s tax plan: Now is 'not the time to screw around'" video.
-
@Iamdissapoint 🤦 We should all pay the exact same, LOW percentage. Otherwise it is monetary discrimination. Rich people are penalized for working 80+ hour work weeks, taking risks, having ideas and following through with them, building companies and employing people, etc, etc, etc.
Trump came in and lowered taxes for everyone and started deregulating and what happened?...wages increased, millions more jobs were created, and we had one of the best economies the US has had. Studies show that on average, wealth for Americans increased 17% while it increased 54% for the bottom half of Americans.
The 1% already pay most of the taxes. The 1% pay 39% of all income taxes. The 10% pay 69%. The top 50% pay 96%. The lower half pay 3%. This does not even include the people who pay zero percent. The bottom half are a net negative as they take more in programs than they pay in. Their average tax rate is 4% while the 1% average tax rate is 27%. The top 1 percent paid a greater share of individual income taxes (37.3 percent) than the bottom 90 percent combined (30.5 percent).
5
-
4
-
2
-
1
-
1