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Originally Posted by Ustwo
The top 25% pay 84.5% of the taxes.
The top 1% pay 36.89% of all taxes.
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Yes but what is the percent of the income that each of those groups pay compared to the people making $30,000 a year? IE who sees a greater tax burden? What percent of their income after taxes is spent on necessities?
The one big problem with taxing the rich is it is just taxing the masses anyway since the rich will just raise the prices of what their selling and we will all pay for it. Ie the trickle up effect.