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re: Ryan tax plan would cut taxes on rich and RAISE THEM on middle class - WaPo
Posted on 3/28/17 at 9:03 am to Lou Pai
Posted on 3/28/17 at 9:03 am to Lou Pai
quote:
that still doesn't change the fact that they are paying an increasingly higher percentage of the taxes paid in this country.
Because they have an increasingly higher share of wealth/income in this country over time. That's why they're paying higher taxes ON A LOWER TOP MARGINAL RATE.
3
Posted on 3/28/17 at 9:07 am to BamaAtl
quote:
That's why they're paying higher taxes ON A LOWER TOP MARGINAL RATE.
No they aren't. The Bush tax cuts expired and they are now up to 39.6%. That's cute that your little chart stops in 2008 though.
Posted on 3/28/17 at 9:09 am to BamaAtl
quote:You think tax rates go down as income goes up? Link?
Because they have an increasingly higher share of wealth/income in this country over time. That's why they're paying higher taxes ON A LOWER TOP MARGINAL RATE
Posted on 3/28/17 at 9:21 am to BamaAtl
quote:Nope. The "middle class" ears FAR more income than the rich. I posted the chart for you above.
Because they have an increasingly higher share of wealth/income in this country over time.
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