Superman4 on 23 October 2017
| numberwang said: The headline shows a fundamental lack of understanding how taxes work. Poor incomes already have 100% tax cuts and pay no taxes. With the Trump plan you will pay no taxes for up to 50K$ family income which is quite nice for poor and middle class. High incomers will get most of the tax cuts because they pay most of the taxes. The Top 1% continues to pay a larger share of the federal income tax burden than the bottom 90 percent combined  https://taxfoundation.org/official-statistics-inequality-top-1-and-redistribution/ |
Exactly. But it fits the media agenda so they can say "Trump is cutting taxes for the rich" without explaining that they are taxed at a much higher rate and most pay more in taxes than we make per year.
