I’m assuming this is because the majority of rich people get their wealth from sources outside of regular jobs such as stocks, investments, rentals, etc. These income sources pay a lower tax rate because of long-term capital gains and business write-offs, etc. which make the effective rate lower than ordinary income. Plus they have better access to tax advisors who can help them.
Have the people at the bottom tried not being poor?
Conservatives love this system. Vote them out.
slaves to the rich, welcome to America
But always remember that according to people who voted for Boebert it is Democrats who want to take money from the lower and middle class and not the richest 1%.
TLDR: State and local taxes are regressive.
Yeah, we know. We have always known.
When you think about how much more the 1% could contribute without it even impacting their lifestyle, it kinda makes you wonder why there isn’t more push to reform the system. Goes to show that who’s making the laws definitely matters. What do you think a fair tax system would even look like?
But but but we need the taxes on them low so when I become a billionaire I can oppress people too! America.
For the rich, by the rich.
America truly is a corporation masquerading as a country.
Let’s not forget the church in all this wealth hoarding. They need to be taxed as well.
Worse than that , the poorest and dumbest of us cheer this on and even vote for it!
Thanks to Republicans- democrats believe we should all pay our fair share. Keep voting for Republicans if you want the very rich and corporations to get treated with kid gloves.
Trickle down economics is a lie, it just gets you pissed on.
Which is why the Republicans in the House wouldn’t agree to keep the government from shutting down unless there are cuts to the IRS. Going after the rich costs more but nets our treasury $6 for every $1 spent. With the cuts the IRS will only have enough money to go after non-wealthy which is just the way the GOP wants it.
TAX. THE. RICH.
You are not smarter. You did not figure a magic formula. The scales are tipped to protect wealthy from paying for the lifestyle they enjoy. The Supreme Court is bought. Both parties, one more than the other, are bought off. Tax wealth and holdings at 90% over a billion dollars.
No. Shit.
According to ITEP’s new study, tax systems in just six states—California, Maine, Minnesota, New Jersey, New York, and Vermont—and the District of Columbia are progressive, helping to reduce the chasm between rich taxpayers and other residents.
What’s hilarious is that it’s the states with the most wealthy that tax the 1% the heaviest. I’m glad the denizens of mobile home parks in red Mississippi are so concerned about the tax rates of affluent professionals in blue, coastal metropolitan areas.
It’s ok to be surprised that it’s only 41 states, right?
Make the wealthy pay their share of taxes. That’s never going to happen under the Republicans.
This article is pure trash.
They may pay a lower rate but they pay *way more* as an actual dollar amount. As of my comment literally not one person in this thread has addressed this.
About half the country doesn’t even pay any federal income taxes at all.
Google “taxes paid by income level”, it’s clear as day the upper middle class and above are what keep the coffers fed.
Oooh do net amount contributed next!
So 41 out of 50 state officials know how to fool thepoor constituents while professionally felating the local rich families
Now when kooks talk about the 2 tiered justice system I think of this stat. …..
Only 9 more states to go!
No fucking shit. That’s why this country sucks. The rich pay off the politicians and they write laws that fuck the rest of us. Then we give 50 billion dollars away to countries who have healthcare! We pay for the fucking world’s healthcare and don’t get shit for our taxes but richer rich fucking people!
“bUt If wE TAx ThEm tHeY wONT wAnT tO sTaY!! 🥾👅”
But the rich will cry, “look at the dollar amount, not the %”, boo hoo, just no, they should be paying at least 50% of all income, earned and investment.
Just for those that didn’t bother to read the article, the report is inclusive of sales tax. So let’s not start bantering about that the wealthy aren’t paying their fair share of income tax.
More fair tax system would tax assets rather than income. Exempt the first $100k of net worth and then tax at an appropriate level to make the budget. Most of the poor would pay no tax and Jeff Bezos would pay a LOT.
So we have had many Democrats in office.
If this is a Republican thing, why haven’t they changed it when they were in office?
That’s why we can’t afford healthcare.
Here’s your daily reminder that we don’t have to live with this shit. Vote. Vote, vote, vote.
This is yet another piece of evidence to support who the true owners of this country are. It’s sad though as so many people understand they’re getting a raw deal. They’ve just been propagandized into believing its the Jews, minorities, and leftists that are perpetuating it.
Lower tax rates? What about total taxes paid? That’s what matters. If someone who makes $10m pays more actual $$ than someone in their same neighborhood who uses the same roads, schools, police, etc. who makes $100K then how is it unfair that their “rate” is lower? They’re still carrying more of the burden for the same government services.
The richest also feast at the trough of the public purse to an extent that would shock you.
But instead let’s talk food stamps and undeserving children getting school lunches.
> According to ITEP’s new study, tax systems in just six states—California, Maine, Minnesota, New Jersey, New York, and Vermont—and the District of Columbia are progressive, helping to reduce the chasm between rich taxpayers and other residents.
Those in power write the rules to benefit themselves. They also skew the system so they stay on top, and the bottom stays on the bottom. The system is rigged.
French Nobles didn’t pay taxes before the French Revolution. Saw how that worked out..
Meanwhile, Republicans are out here defunding the IRS.
Time to tax morbid wealth and increase estate taxes on the whales.
Vote for the right thing!
There is a difference between richest and highest earners. This is simply stated in a way to trick the stupid into clicking on this insipid article.
47 comments
Of course. In this country we reward wealth, not hard work.
You’re decades late with the news’s mane.
Divided Oligarchies of America
Here’s the actual report that the article is about if you want to see how your state favors the wealthiest: https://itep.org/whopays-7th-edition/
I’m assuming this is because the majority of rich people get their wealth from sources outside of regular jobs such as stocks, investments, rentals, etc. These income sources pay a lower tax rate because of long-term capital gains and business write-offs, etc. which make the effective rate lower than ordinary income. Plus they have better access to tax advisors who can help them.
Have the people at the bottom tried not being poor?
Conservatives love this system. Vote them out.
slaves to the rich, welcome to America
But always remember that according to people who voted for Boebert it is Democrats who want to take money from the lower and middle class and not the richest 1%.
TLDR: State and local taxes are regressive.
Yeah, we know. We have always known.
When you think about how much more the 1% could contribute without it even impacting their lifestyle, it kinda makes you wonder why there isn’t more push to reform the system. Goes to show that who’s making the laws definitely matters. What do you think a fair tax system would even look like?
But but but we need the taxes on them low so when I become a billionaire I can oppress people too! America.
For the rich, by the rich.
America truly is a corporation masquerading as a country.
Let’s not forget the church in all this wealth hoarding. They need to be taxed as well.
Worse than that , the poorest and dumbest of us cheer this on and even vote for it!
Thanks to Republicans- democrats believe we should all pay our fair share. Keep voting for Republicans if you want the very rich and corporations to get treated with kid gloves.
Trickle down economics is a lie, it just gets you pissed on.
Which is why the Republicans in the House wouldn’t agree to keep the government from shutting down unless there are cuts to the IRS. Going after the rich costs more but nets our treasury $6 for every $1 spent. With the cuts the IRS will only have enough money to go after non-wealthy which is just the way the GOP wants it.
TAX. THE. RICH.
You are not smarter. You did not figure a magic formula. The scales are tipped to protect wealthy from paying for the lifestyle they enjoy. The Supreme Court is bought. Both parties, one more than the other, are bought off. Tax wealth and holdings at 90% over a billion dollars.
No. Shit.
According to ITEP’s new study, tax systems in just six states—California, Maine, Minnesota, New Jersey, New York, and Vermont—and the District of Columbia are progressive, helping to reduce the chasm between rich taxpayers and other residents.
What’s hilarious is that it’s the states with the most wealthy that tax the 1% the heaviest. I’m glad the denizens of mobile home parks in red Mississippi are so concerned about the tax rates of affluent professionals in blue, coastal metropolitan areas.
It’s ok to be surprised that it’s only 41 states, right?
Make the wealthy pay their share of taxes. That’s never going to happen under the Republicans.
This article is pure trash.
They may pay a lower rate but they pay *way more* as an actual dollar amount. As of my comment literally not one person in this thread has addressed this.
About half the country doesn’t even pay any federal income taxes at all.
Google “taxes paid by income level”, it’s clear as day the upper middle class and above are what keep the coffers fed.
Oooh do net amount contributed next!
So 41 out of 50 state officials know how to fool thepoor constituents while professionally felating the local rich families
Now when kooks talk about the 2 tiered justice system I think of this stat. …..
Only 9 more states to go!
No fucking shit. That’s why this country sucks. The rich pay off the politicians and they write laws that fuck the rest of us. Then we give 50 billion dollars away to countries who have healthcare! We pay for the fucking world’s healthcare and don’t get shit for our taxes but richer rich fucking people!
“bUt If wE TAx ThEm tHeY wONT wAnT tO sTaY!! 🥾👅”
But the rich will cry, “look at the dollar amount, not the %”, boo hoo, just no, they should be paying at least 50% of all income, earned and investment.
Just for those that didn’t bother to read the article, the report is inclusive of sales tax. So let’s not start bantering about that the wealthy aren’t paying their fair share of income tax.
More fair tax system would tax assets rather than income. Exempt the first $100k of net worth and then tax at an appropriate level to make the budget. Most of the poor would pay no tax and Jeff Bezos would pay a LOT.
So we have had many Democrats in office.
If this is a Republican thing, why haven’t they changed it when they were in office?
That’s why we can’t afford healthcare.
Here’s your daily reminder that we don’t have to live with this shit. Vote. Vote, vote, vote.
This is yet another piece of evidence to support who the true owners of this country are. It’s sad though as so many people understand they’re getting a raw deal. They’ve just been propagandized into believing its the Jews, minorities, and leftists that are perpetuating it.
Lower tax rates? What about total taxes paid? That’s what matters. If someone who makes $10m pays more actual $$ than someone in their same neighborhood who uses the same roads, schools, police, etc. who makes $100K then how is it unfair that their “rate” is lower? They’re still carrying more of the burden for the same government services.
The richest also feast at the trough of the public purse to an extent that would shock you.
But instead let’s talk food stamps and undeserving children getting school lunches.
> According to ITEP’s new study, tax systems in just six states—California, Maine, Minnesota, New Jersey, New York, and Vermont—and the District of Columbia are progressive, helping to reduce the chasm between rich taxpayers and other residents.
Those in power write the rules to benefit themselves. They also skew the system so they stay on top, and the bottom stays on the bottom. The system is rigged.
French Nobles didn’t pay taxes before the French Revolution. Saw how that worked out..
Meanwhile, Republicans are out here defunding the IRS.
Time to tax morbid wealth and increase estate taxes on the whales.
Vote for the right thing!
There is a difference between richest and highest earners. This is simply stated in a way to trick the stupid into clicking on this insipid article.