What % of tax revenues should the rich (top 5%) pay?

[Zlejedi]

rocketpig said:

Zlejedi said:

rocketpig said:

Zlejedi said:

Everyone should pay the same tax rate. People shouldn't be punished by system because they are smart enough to earn more.

Unless that system is artificially maintaining a work force that is underpaid, under-insured, and generally bankrupt compared to previous generations.

That's what socialist were saying in early 20th century.

Somehow their solution to it created poverty on unmatched scale never seen in capitalistic countries with their "unfair" systems.

Socialists created poverty? Really? Where?

Anyway, you're completely misunderstanding me. I'm not a socialist, in fact, I'm nearly polar opposite to the ideaology. But when the wealthy hold a bigger chunk of wealth every year while paying a smaller percentage of taxes and the average worker is in worse shape than his/her parents, something is wrong with the system. We've been bamboozled into believing that somehow we live under the grace of the wealthy when just 50 years ago, there was a thriving middle class AND a strong 1% of wealth holders.

China, Cuba, North korea, Russia, all ex CCP republics, even Eastern Europe and east part of germany are easily 20 years behind in development.