Comment on Calif. fast-food chains slash workers as $20-an-hour minimum wage looms
wintermute_oregon@lemm.ee 6 months agoFor someone ignorant of the topic, you seem to have a strong opinion.
www.cnn.com/2023/04/21/opinions/…/index.html
Surely, the rich pay a larger amount because they earn the most money, right? Not exactly. In 2020, the top 1% of taxpayers earned 22% of all adjusted gross income; their 42.3% share of the income taxes is nearly twice their share of the nation’s income. By contrast, the bottom 90% of taxpayers (about 142 million taxpayers) paid a combined $450 billion in income taxes, or just 26.3% of the total, their lowest percentage of the tax burden in decades. That means the top 1% of taxpayers pay a far greater share of the nation’s tax burden than 142 million of their neighbors combined.
ButWaitTheresMore@sh.itjust.works 6 months ago
That’s a demented definition of “fair share.” The rich make thousands of times more money than the average American but they only account for 2x more than us? Go back to elementary school.
wintermute_oregon@lemm.ee 6 months ago
They pay double their income, which is over their fair share. At the same time, the bottom 50% pay less than their fair share.
It doesn’t matter that they make more; they pay more in taxes and receive less for their taxes.
You must have a strange version of fair share if you think paying double isn’t fair.
ButWaitTheresMore@sh.itjust.works 6 months ago
Keep drinking the Kool aid, man. There’s no saving you.
wintermute_oregon@lemm.ee 6 months ago
How about staying on topic? Why should I pay significantly more in taxes but receive less from those taxes? The bottom 50% should pick up the slack and pay their way.
I pay my fair share.