The standard deduction should be at least the median income…? Wouldn’t that mean that half of people would pay no income tax?
Half or more depending on mean or median. But that’s just a starting point for the discussion.
You might say this is what we should do, but I think it’s unreasonable to say that it’s a total head scratcher why we don’t already.
That’s not what I was intending to ask. Sorry if I phrased it poorly. I’m trying to understand the arguments against it because it’s what makes sense to me.
I just fail to see how this is placing the burden on the poor. It Is structured to do the exact opposite and give them the most breaks.
I think the logical thing is to have those who most benefit from the infrastructure our taxes pay for be the ones who contribute the most. And those that are seeing the least benefit be exempt.
I’d probably agree that the floor on the deduction should come up, and we should raise taxes on extreme wealth to make it up. But at least in its most essential form, income tax is already progressive.
This is almost exactly what I suggested. I think we’re basically on the same page.
prole@lemmy.blahaj.zone 5 days ago
Going against the popular narrative? What would that be, that progressive tax brackets are the very fucking least we can do?
scarabic@lemmy.world 5 days ago
No man read the top dozen voted root comments and you will see the narrative: rich people are using their political access to fuck you and get richer. The OP doesn’t even acknowledge progressive tax brackets. The entire system apparently is specifically designed to direct money out of starving people into the super wealthy. That’s the narrative. It’s right up there with “CEO don’t do anything” and “you shouldn’t recycle because it’s just a scam cooked up by Big Plastic.” It’s actually hard to be a good liberal when those around me are dripping with this kind of horseshit nonstop.