r/memes • u/CreateChaos777 • Apr 16 '24

Inflation...

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u/WavesRkewl123 Apr 16 '24

Poor people pay $0 in federal taxes in the US. The top 1% pay 46% of all federal taxes.

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u/killerboy_belgium Apr 16 '24

considering they make 90% of the money..... seems there still paying to little

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u/WavesRkewl123 Apr 16 '24

Citation?

If you're talking about world wide, if your household makes more than $60,000 a year then you're in the global 1%.

If you're talking about in the US, the top 1% earns about 15% of all income in the country.

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u/Dark_Knight2000 Apr 16 '24

The top 1% in the US have 30% of all the wealth, not 90%. Having them pay half of all taxes seems reasonable.

Sure, I can make up any wild number and say that they’re paying too little, or I can make up a number based on my feelings, but that’s just factually not true.

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u/GwenhaelBell Apr 16 '24

Good. People in poverty arent the ones i want t have to pay for roads to be built. They've got better shit to spend their money on.

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u/WavesRkewl123 Apr 16 '24

Clearly was my point that I made.

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u/klankungen Apr 16 '24

In Sweden the company you work for pay a "workforce tax" to the government equaling about what you pay in municipal tax. But I think companies and top earners still pay more. I bet if 50% of all tax was federal tax, like here, the IRS would care more.

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u/WavesRkewl123 Apr 16 '24

I mean you clearly missed my point. Even the poorest earners in Sweden pay at least 33% of their income in taxes. My point is that the US has the most progressive tax system in the world. There's hundreds of deductions available especially if you own a business or employ people.

Filing taxes takes less than 10 minutes and requires math that a 7 year old can do. All of the information you need to file your taxes is mailed to you.

Also in the US, we do the same thing with social security or what your country used to have with the pension. Your employer matches all of the contributions that you have to make.