kaz
Diamond Member
- Dec 1, 2010
- 78,025
- 22,328
You are funny!
Trump's tax cuts helped billionaires pay less than the working ...
www.theguardian.com › business › oct › trump-tax-cuts-helped-billio...
Oct 9, 2019 - Economists calculate richest 400 families in US paid an average tax rate of 23% while the bottom half of households paid a rate of 24.2%
Economists calculate richest 400 families in US paid an average tax rate of 23% while the bottom half of households paid a rate of 24.2%
I love that fake claim.
Maybe you ought to take back your claim that this is fake.
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America's richest 400 families now pay a lower tax rate than the middle class
For the first time in a century, the ultra-wealthy contribute a smaller share of their income than most other Americanswww.cbsnews.com
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America's richest 400 families now pay a lower tax rate than the middle class
BY AIMEE PICCHI
UPDATED ON: OCTOBER 17, 2019 / 4:43 PM / MONEYWATCH
- The 400 richest U.S. families now pay a lower overall tax rate than the middle-class, the first time that's happened in 100 years, according to economists Emmanuel Saez and Gabriel Zucman.
- Factoring in federal, state and local taxes, those ultra-wealthy households pay a total rate of about 23% — that compares with just over 24% for the bottom half of households.
- The U.S. now "looks like the tax system of a plutocracy," Saez and Zucman say.
And yet the top 1% pay over 40% of all federal income taxes and the middle class pay only a few percent.
Funny how you people keep putting up these claims without being able to show how it was calculated
Funny how you post this same claim and omit billion dollar corporations who don't pay any federal income tax, and the 1%ers paid less when the Tax Fraud passed by a lame duck GOP Congress eliminated permanently the top two tax brackets. Oh, and along the way removed full deductions for taxes paid on the state and local level, while expanding the standard deduction, the latter will sunset in 2027.
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These 91 companies paid no federal taxes in 2018
A new report from think tank says some of the biggest companies in the country had effective tax rates of 0% or less in 2018.www.cnbc.com
Oh, and along the way removed full deductions for taxes paid on the state and local level,
Trump, sticking it to the rich. Awful!!!
Incredible. While attacking the rich, Rye whines that the rich can't write off their State and local taxes anymore. LOL. These people vomit talking points and don't think them through.
Then if Democrats could think things through, they wouldn't be Democrats