..Well, if itâs all about dethroning the money, then why does everyone here hate Bernie so much...
Surely you jest. Bernie’s tax plan would increase taxes 19.7 trillion over 10 years resulting in a 40% tax increase to everyone who actually pays taxes.
Here is information about state taxes. Conclusion is that their taxes are fundamentally unfair. There is an interactive map to check on distribution of tax rates for various income levels. Check your own state. You may not have much influence over federal taxes, but seek out unfairnesses in your own state to change.
http://www.itep.org/whopays/full_report.php
CONCLUSION
The main finding of this report is that virtually every stateâs tax system is fundamentally unfair. The overreliance on consumption taxes and the absence of a progressive personal income tax in many states neutralize whatever benefits the working poor receive from low-income tax credits. The bleak reality is that even among the 25 states and the District of Columbia that have taken steps to reduce the working poorâs tax share by enacting state EITCs, most still require their poorest taxpayers to pay a higher effective tax rate than any other income group. The results of this study are an important reference for lawmakers seeking to understand the inequitable tax strucÂtures enacted by their predecessors. States may ignore these lessons and continue to demand that their poorest citizens pay the highest effective tax rates. Or, they may decide instead to ask wealthier families to pay tax rates more commensurate with their incomes. In either case, the path that states choose in the near future will have a major imÂpact on the well-being of their citizens â and on the fairness of state and local taxes.
Here is a simple chart of high and low income federal tax rates over time. As you can see the high income rates are relatively low compared with earlier rates.