Who pays the lowest taxes in the US?

by jmpman • 7 years ago

4 4 7 years ago

giorgioz2• 7 years ago

Even at the end of the video after all the taxes it shows the poorest part an the richest part kind of pay the same...PERCENTAGE.

It's a percentage! The whole video is about percentages.

10% of a 20.000$ is far far less than 10% of 1.000.000.000$ Unfair would be if everyone paid the same absolute amount.

dqv• 7 years ago

Well yes that's exactly the point of the video: that poor people don't have the lowest tax burden. It is a response to the claim that they do.

ZeroGravitas• 7 years ago

Unfair would be if everyone paid the same absolute amount.

That's certainly an opinion, but you state it like an objective fact.

You could argue, for example, that the more money you make the more you are taking advantage of courts, police, the enforcement of contracts and all the other parts of civilization that are funded by taxes.

giorgioz2• 7 years ago

Unfair would be if everyone paid the same absolute amount. > That's certainly an opinion, but you state it like an objective fact.

Yes indeed one could argue that also that is a possible way to do it. I know of 3 types of taxation:

1) fixed amount (ex everyone pays 1000$ every year) 2) percentage amount (ex everyone pays 10% of salary) 3) progressive steps (ex 10% up to 10000%...20$ up to 20000$...)

The video argues that in the US all people in the end pay the same percentage amount even though the laws has progressive steps. I'm arguing that percentage taxation is already a type of taxation where richer people contribute more.

Who pays the lowest taxes in the US?

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