Comment on What is the argument for making poor/working class folks shoulder the burden of taxes?

ultranaut@lemmy.world ⁨1⁩ ⁨month⁩ ago

If you are talking about federal income taxes, they are actually progressive. The vast majority of the money collected comes from the top 50%, the 1% pays something like 25% of the total just by themselves. Its why Republicans and billionaires bitch about it so much and want to eliminate the federal income tax. In reality poor people are mostly impacted by sales taxes, and that’s because of the basic economics involved that make sales taxes inherently regressive.

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