The Soapbox

BocaHoo91

Joined: 06/03/2005 Posts: 31007
Likes: 52333


Here's a WSJ article on the progressiveness of our tax code


The top 20% earn roughly half of income and pay 87% of income taxes. Or put another way the top 20% earn roughly as much as the bottom 80% combined, but pay nearly 7x as much in taxes.

We've taken so many people off the tax rolls that the bottom 60% of earners have NO income tax liability.

(In response to this post by Fuzzy Dunlop)

Link: https://www.wsj.com/articles/top-20-of-americans-will-pay-87-of-income-tax-1523007001


Posted: 01/14/2019 at 2:39PM



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Current Thread:
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