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Discussion and Debate
Discussion and Debate
Politics
American Politics
IRS Numbers Shred Biden’s “Fair Share” Platitudes
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<blockquote data-quote="o_mlly" data-source="post: 77640915" data-attributes="member: 434838"><p>The author only notes the tax system has progressively increased: <em>"It’s also important to note that the U.S. income tax system has become more progressive since the 2017 tax cuts under former President Donald Trump, not less".</em></p><p></p><p>His argument is:<em> "Do wealthy Americans pay their “fair share” of income taxes? If “fair” is defined as a reasonable equilibrium between someone’s share of income earned and their share of income taxes paid, then wealthier Americans actually pay more than their fair share".</em></p><p></p><p>The average for the bottom is mathematically: 1 - the average for the top 50% as shown above.</p></blockquote><p></p>
[QUOTE="o_mlly, post: 77640915, member: 434838"] The author only notes the tax system has progressively increased: [I]"It’s also important to note that the U.S. income tax system has become more progressive since the 2017 tax cuts under former President Donald Trump, not less".[/I] His argument is:[I] "Do wealthy Americans pay their “fair share” of income taxes? If “fair” is defined as a reasonable equilibrium between someone’s share of income earned and their share of income taxes paid, then wealthier Americans actually pay more than their fair share".[/I] The average for the bottom is mathematically: 1 - the average for the top 50% as shown above. [/QUOTE]
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IRS Numbers Shred Biden’s “Fair Share” Platitudes
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