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50% of Americans think taxes are too high, the other 50% think taxes need to be higher so they’ll get a larger refund. It’s not a sustainable system. A better
by chriscrisby 2mo ago
50% of Americans think taxes are too high, the other 50% think taxes need to be higher so they’ll get a larger refund.
It’s not a sustainable system. A better solution would be to change tax law so a “payer” can’t receive a larger refund than what they paid. No more credits, only deductions.
- kennywinker 2mo agoThe majority of americans think their taxes need to be lower, and the taxes for the rich need to be higher.
- chriscrisby 2mo agoMajority of Americans pay little to no taxes.
- kennywinker 2mo agoBy percentage of income, or by dollar value? By dollar value, that seems possible. By % of income? Does not seem possible.
- chriscrisby 2mo agoTop 50% of taxpayers paid about 97% of all federal individual income taxes. Therefore bottom 50% pay nothing or next to nothing.
- kennywinker 2mo agoSo you’re counting by dollar amount. Because find me a person who thinks 25% of their income is “next to nothing” Meanwhile, a tax avoiding billionaire will double their net worth and take out an asset-backed loan of 100mil to live off and then pay ~0% of that in taxes.
- chriscrisby 2mo agoIt’s pretty easy to someone who can’t wait for tax time because they pay negative taxes.
- mkw5053 2mo ago[flagged]