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Originally Posted by
jlisenbe
I was responding to a comment made to the effect that federal income tax policies were supposedly being slanted to favor the rich.
They do favor the rich. Keep reading.
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The wealthy man in your example will pay nearly 3X more in payroll taxes since he is paying in on nearly 3X greater income base.
You misread the example. Whether 3X, 5X or 10X, the payroll tax has a ceiling which results in lower income paying a much larger percentage of income than the wealthy man.
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And that is really not a tax as much as it is a state managed retirement program.
No, it IS a tax. No one denies that.
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As to the other taxes you mentioned, the wealthy pay much more in sales taxes and property taxes than do lower income people since they spend much more and they own much more valuable properties.
The rate is the same resulting in the lower income paying a substantially higher percentage of their income while the rich pay a much smaller amount of their income. It's becoming apparent you are not understanding the effect of regressive taxes on the incomes of the poor and the rich.
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Where is your documentation for this?
https://itep.org/who-pays-taxes-in-america-in-2019/
See the chart at the bottom of the article.
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I'd just like to take a look at it, but right away I can see that part of the issue is simply due to numbers. You are comparing the bottom 20% to the top 1% which is automatically dishonest since the bottom 20% will have something on the order of 2,000% more people in it. I want to see how it looks when we compare the bottom 20% to the top 20% which is how it should be done. Otherwise, you are comparing a very large number of people to a very small number of people.
This argument is meaningless. See the chart where all 5 quintiles are compared. Your comment about a disparity in numbers between the wealthy and the low income is a proof of the unfairness of the tax system.
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The approach of liberals is to penalize the wealthy in order to help poor people, a group which the average liberal does nothing for on a personal basis. Tax policy allows liberal people to feel morally superior on the basis of having such great concern for poor people that they are willing to force other people to help them.
Where is your documentation?
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If you want to help poor people, then let's all join together in calling for the re-establishment of the two parent family and a complete reworking of the educational system to give poor kids a shot at a good education.
There is much that can be done for poor people. Tax Justice is a major step in that direction since it reveals the basic unfairness of the tax system and that it needs to be corrected for it to be fair to everybody.
When the poor have their just share of the fruits of the society which they have made a major role in creating, many of the problems will disappear. Then liberal and conservative can work on what's left - problems of both rich and poor - to form a more perfect union.