The system promotes the working class barely making ends meet. To suggest that people who work for nothing at McDonalds do with less seems counter productive to a stable society. Why not let people who have no money pay less in taxes than those that do have $137,000 rolling in. Look at the to bars. $137,000 average vs $23,000. Don’t you think there is a need to have people on the low end get by?
Here is the challenge and it is based on next year's budget.
You need to raise about $2.4T in personal income taxes just to be $2.0T short of next year's expenses (Trump's plan) in a way that allows people to also live a life.
How do you raise your $2.4T from income taxes between the two halves of earners? Bottom half and top half.
Today we get 98% from the top 50% as it is circled in red on the chart to the right but as you can see they earn almost all the income and certainly 100% of the discretionary income after you put bare bones living expenses against $23k vs 137k.
What is "fair" to you?
I predict a long line of right-wingers suggesting we take $200B from people making $23K still leaving a $1.6T deficit without regard to how one would live. But maybe they will surprise me with some thoughtful reflection on income tax burdens and living with low means.
GO!
Trump 2026 Budget
$7T in Expenses
$2.4T of Income Tax
$1.7T of Payroll Tax
$0.5T of Corporate Tax
$0.5T of Excise and Tariffs
$5.2T of Revenue
$1.8T Deficit
View attachment 1229675
How does the federal tax system affect low-income households?
taxpolicycenter.org
Why isnt it fair to tax everyone the same percent AFTER you take out money for living? So we tax people on discretionary income? You cant live on $23,000 and give a lot to taxes.
Think of it as a standard deduction… the standard deduction takes their income to zero because they don’t earn enough money. I am FINE with paying a shitload of taxes at my income level vs the kids who got me a McMuffin this morning on my way into work. You aren’t?So you are perfectly OK with them paying nothing?
You know, when they were handing out brains I know where yours came from.
No. My thought is you goons should STFU about how much the top half pays because you cant get blood from a rock. The top pays the income to because they make the money… AND they are not paying enough. They owe more.
well, depends on who decides that... let the top 1% decide what constitutes "money for living" and that question will answer itself.
or you could just let the taxpayers decided for themselves instead of letting those who benefit from other peoples money do it...you pretend it is those who don't want people taxed that are trying to tax low income when in fact it is those who would steal income that should be feared for trying the stunt you are advocating.
yeah, and penalizing them for any future financial success ensures they will never aspire to steal their own income back.
yes the system is the problem not how much money people make,,
Nice sentiment but it doesn’t address real life. You have representatives. They spend money. You have to pay it. We are just discussing what is a person’s fair share of it. I think a living wage should be protected and then anything above that is the zone for taxing.
but you do want blood
^the white liberal definition of "fair share"^...even if they should pay more, that is not a "fair share" it is a lie because it is obviously covering for theft
hmmm, "tax burden"
I see economics has joined english class on the walls of the he/she/they lavatory walls.
and I have already answered that everyone should pay the same percentage,,
why not treat them both equally?
YOU are running a deficit.
www.cbo.gov
www.visualcapitalist.com
Because the top half has about $200T in wealth and the bottom half almost none.
So you want families that qualify for food stamps to pay the same tax rate as Elon Musk?
That was all before "the great society" settled in...when we used to have to justify social spending
cop out...my tax plan would first assign blame and then make them pay...republicans and democrats spent half a century pointing fingers at each other blaming high taxes on one another while the public had no idea who was responsible...so figure out now who it was that lied to us then and figure out how best to saddle them with that lie/tax burden...we'll call it "the nothing could/would be fairer act".
