Wilbur Right
Silver Member
- Nov 27, 2015
- 2,710
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rich pay overwhelming amount of taxes (and that includes other taxes besides corporate taxes - which USA has one of the highest rates for in the modern world, last time I checked it was 2nd highest).
Dude the rich have an overwhelming amount of income. And it has been growing larger for the past several years.
Of course they pay a huge amount of tax. They have a huge amount of money.
Is this news to you? The amount of income gains for the ultra wealthy is written about all over the Net.
Are you fucking clueless or what?
Another person who needs to learn to use Google.
You idiot, I responded to the claim that "rich pay virtually no taxes". I am glad you agree that they in fact do pay a "huge amount of tax" and that Interpol needs to learn to use google.
This is not news to me, to a regressive it however appears to be new information.
The rich pay less tax as a percentage of their total income than they have for quite some time.
That is the mistake that those who claim the rich pay virtually no taxes make is they dont qualify their statement with the idea that as a percentage of their income, they pay way to little.
If the ultra wealthy had ALL the income and paid a tax rate at 5%, it would still be a huge number. But that wouldnt be good for the rest of us would it?
Same idea here. The rich got all the income gains and have tax rates as low as they have been for some time.
And that situation has not been good for the rest of us.
Why you such a big supporter of that continuing?