Reply To: Political Statements

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#54181
mtgordon
Participant

Right now the top 30% of earners in this country pay 85% of all taxes. Is this fair?

What percentage of all income to they receive? What percentage of all property do they own? If it’s anywhere near 85%, then yes, it’s fair. There’s a big tail on the low end of earners in this country, not just working poor, but high school and college students working part-time for low wages and retirees with modest investment income. They often don’t pay a lot of taxes, and considering how little money they make, that’s entirely fair.