What do you think of Donald Trump?

[Insidb]

contestgamer said:

Insidb said:

Jaywalking doesn't bankrupt the US government and result in the remainign populace picking up the tab. Additionally, taxes on the wealth ARE much lower and effectively around 15-20% (under Eisenhower they were 90%).

 

For corporations they are around that, for wealthy people it's not. When you add sales tax and income tax and property/estate and other taxes together the wealthiest are over 50%

That's not even remotely accurate, due to diminishing rates on the highest bracket and capital gains rates.

Scroll through this link to see how effective tax rates break down: https://en.wikipedia.org/wiki/Income_tax_in_the_United_States

The top 1% (It's really the the top 10-30% of people and corporations that control the wealth.) pay an effective rate of 29.4%, and that doesn't account for any sheltered income.