Toddsterpatriot
Diamond Member
- May 3, 2011
- 102,224
- 36,253
While the top 1 percent pay a larger share of taxes, they also earn an outsized share of income. According to the Tax Policy Center, they earned 17 percent of expanded cash income in 2014. (Some studies have given higher estimates for this group's share of income depending on their different definitions of income.)So lower taxes on a corporation allows them to buy more capital equipment and materials, to give more raises to existing employees, to hire more employees, to keep from outsourcing to foreign countries, and to keep the price of their product affordable.
That's a win-win situation.![]()
BULLSHIT. Tax saving for corporations ALWAYS go in the pocket of corporations.
Where is that corporation pocket located?
See the 1%.
The Census Bureau says that 41.5% of American households brought in between $35,000 and $100,000 in 2015.
Top 1% pay nearly half of federal income taxes
Excellent!!
While the top 1 percent pay a larger share of taxes, they also earn an outsized share of income.
Yes, that's why they pay more.