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sc94597 said:
Chrkeller said:

.

Fact, the top 50% pay 97% of taxes.

This is not a fact. Federal income and capital gains taxes are only a subset of overall taxes. If you include FICA, SUTA, FUTA, sales taxes, state income taxes (many have non-graduated rates; my state is a flat 3.07% for example), local income taxes, and now tariffs the top 50% are definitely not paying 97%. 

The U.S has a pretty progressive income tax system, but this is balanced out by all of the other taxes. 

The most costly social programs that benefit the bottom 50% have a flat or regressive tax (FICA is income capped for SS) that funds them. 

I was obviously talking about income, but fair.  SS and state are a percent, so high income earners are paying more.  Property tax is based on home value, so high income are paying more.  Sales tax is a percent so high income via more expensive items are paying more.  

6.5% of 150k is more than 6.5% of 50k... in fact 3x more.  

The bottom 50% are paying a fraction compared to the top 50%, sorry that is a fact.

The solution to all the problems can't be "steal money from others."  



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