“Right now, we have a strongly progressive income tax. High-income people are paying a higher share of income in taxes than lower-income people,
I thought the rich were getting out of paying taxes. Which is it?
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I thought the rich didnt pay their fair share. Now they argue that the rich pay more than the poor. LOL!
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People like Warren Buffet are investors, and they get their income from dividends, and they are taxed lightly for this at 15%.
People like movie stars, sports stars, and executives are paid salaries, and THEY get slammed by our “progressive” system.
Right now, we have a strongly progressive income tax. High-income people are paying a higher share of income in taxes...”
This is why we have an oligarchy...
Uh, maybe that's because the investment money has already had taxes paid on it......