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Why is it that the wealthiest country in the world cannot provide this for it's people?
Still, that analysis confirms that, after all federal taxes are factored in, the U.S. tax system as a whole is progressive. The top 0.1% of families pay the equivalent of 37.9% and the bottom 20% have negative tax rates (that is, they get more money back from the government in the form of refundable tax credits than they pay in taxes).
why should I have to pay more taxes so people that put nothing back into the system can enjoy a better lifestyle than I do?
originally posted by: avgguy
a reply to: Andy1144
I just showed you that the top 5% of Americans are paying 60% of the taxes. How much more do you think they should pay?
originally posted by: avgguy
a reply to: Andy1144
"Middle-income households, meanwhile, would pay $4,700 more on average, or about 8.5% of their after-tax income."
Plus a 2.2% healthcare surcharge. So id pay 10.7% more taxes. Not including capital gains( investments)