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re: NYT is trying to claim the 400 wealthiest Americans paid lower tax rate than bottom 50%
Posted on 5/16/24 at 6:55 pm to dgnx6
Posted on 5/16/24 at 6:55 pm to dgnx6
quote:
Liberals eat this shite up.
They honestly think if you earn $1 you pay more than someone making over $400k
I'm guessing they are talking as a percentage of total income.
A household making $100k may be paying a larger tax burden as a percentage of their income than a household making over $1 million annually.
If you take the total taxes on payroll, real estate and personal property, gasoline, food, etc. paid by a household making $100k/year and compare that to a household making $1 million/year the household making $100k is likely paying more in taxes as a percentage of their annual income vs a household making $1 million/year.
This post was edited on 5/16/24 at 7:01 pm
Posted on 5/16/24 at 6:57 pm to Bass Tiger
Those households are paying more than 40% before payroll, real estate and personal property, gasoline, food, etc.? Bc the $1M households do plus they pay more in all the other categories.
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