алсааас [she/her]Jul 13, 2023

Liberal Economics be like

https://lemmy.dbzer0.com/post/633894

Liberal Economics be like - Divisions by zero

Show threadалсааас [she/her]Jul 13, 2023
Also billions of tax payers money with the tac burden being disproportionately heavy for the 90% while the 10% pay less and less taxes the richer they are
Show threadskelpie
False, 80% of the taxes were paid by the top 25% (in the US at least). https://taxfoundation.org/publications/latest-federal-income-tax-data/
Summary of the Latest Federal Income Tax Data

New IRS federal income tax data demonstrates that the U.S. individual income tax continues to be very progressive, borne primarily by the highest income earners.

Tax Foundation
Jul 13, 2023 at 8:50amWeb
Show threadNeoMossJul 13, 2023

But I think what they mean is that the 90% are more affected by it, because proportional it’s a bigger chunk of their income missing.

But I could be wrong

Show threadалсааас [she/her]Jul 13, 2023
it’s about the percentage of income paid, not the total
Show threadskelpieJul 13, 2023
Ok, so what percentage of income do the various income brackets pay?
Show threadlemmyJul 13, 2023
Why don’t you look it up?