alt Hacker NewsGrade school math. Look at income tax receipts: the top 5% pay >61% of all income taxes.
You can try and split hairs with "sales taxes" and "payroll taxes" and try to shimmy things into some anti-capitalist stance ("but the companies benefit from their labor!!!," "renters pay property taxes indirectly!"), but the overwhelming majority of all tax payments come from a small percentage of individuals.
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disgruntledphd2 • today at 9:51 AM
> Grade school math. Look at income tax receipts: the top 5% pay >61% of all income taxes.
This is a nonsense comparison unless you include the proportion of income that said taxpayers earn.
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Which is a very stupid way to look at things since it only means they are able to get the majority of the richest made by the country