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| Topic | 2% of America pays for 80% of its taxes. Should this be skewed more? |
| Bok_Choi 08/10/17 1:32:35 PM #21: | Balrog0 posted... yeah but the second highest tax is the payroll tax which is much more regressive than the income tax Keep reading: Still, that analysis confirms that, after all federal taxes are factored in, the U.S. tax system as a whole is progressive. The top 0.1% of families pay the equivalent of 39.2% and the bottom 20% have negative tax rates (that is, they get more money back from the government in the form of refundable tax credits than they pay in taxes). If you just do your fucking taxes with some common sense, you can get your overpaid taxes back from the government. Sure, that's not as good as say, not withholding so much in the first place and applying it to all incomes (idk how viable this is i'm not an economist) but at least there's a failsafe in place for the poor to get some of their taxes back --- ... Copied to Clipboard! |
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