So Joe... what is the "fair share"???

[Nostra]

So which people have gotten screwed so far.
None.

What part of “will end up” confuses your tiny brain?

 

[HaShev]

Biden to big corporations and the ultra-wealthy: ‘Pay your fair share’

Biden to big corporations and the ultra-wealthy: ‘Pay your fair share’

Yahoo Finance’s Jessica Smith reports on key takeaways from Biden’s remarks on his plan to raise taxes and the U.S. economic outlook.

news.yahoo.com

View attachment 540477
From the above table as found in the following link:
Top 10% of Income taxpayers paid 70.1%

Summary of the Latest Federal Income Tax Data, 2020 Update

The top 1 percent of taxpayers pay a 26.8 percent average individual income tax rate, which is more than six times higher than taxpayers in the bottom 50 percent (4.0 percent).

taxfoundation.org

While...61% of Americans paid no federal income taxes in 2020, Tax Policy Center says

61% of Americans paid no federal income taxes in 2020, Tax Policy Center says

The Tax Policy Center said 107 million households, or 61% of taxpayers, owed no income taxes in 2020. That's up from 76 million, or 44% of taxpayers, in 2019.

www.cnbc.com

So Biden... what is a "FAIR SHARE"???
The top 10% paid $1.122 Trillion of the total $1.601 Trillion paid... 70.1% or a taxable rate of 21.5%
Biden supporters what would be a FAIR share...???

According to Hunter's Emails, his father thought 50% was his fair share, but Hunter didn't think that was so fair according to his email to his sister.

 

[francoHFW]

Biden to big corporations and the ultra-wealthy: ‘Pay your fair share’

Biden to big corporations and the ultra-wealthy: ‘Pay your fair share’

Yahoo Finance’s Jessica Smith reports on key takeaways from Biden’s remarks on his plan to raise taxes and the U.S. economic outlook.

news.yahoo.com

View attachment 540477
From the above table as found in the following link:
Top 10% of Income taxpayers paid 70.1%

Summary of the Latest Federal Income Tax Data, 2020 Update

The top 1 percent of taxpayers pay a 26.8 percent average individual income tax rate, which is more than six times higher than taxpayers in the bottom 50 percent (4.0 percent).

taxfoundation.org

While...61% of Americans paid no federal income taxes in 2020, Tax Policy Center says

61% of Americans paid no federal income taxes in 2020, Tax Policy Center says

The Tax Policy Center said 107 million households, or 61% of taxpayers, owed no income taxes in 2020. That's up from 76 million, or 44% of taxpayers, in 2019.

www.cnbc.com

So Biden... what is a "FAIR SHARE"???
The top 10% paid $1.122 Trillion of the total $1.601 Trillion paid... 70.1% or a taxable rate of 21.5%
Biden supporters what would be a FAIR share...???

Of course you are brainwashed with misinformation. All you know about is federal income taxes The only progressive tax we have. If you count all taxes, everyone is paying about 27%, a huge giveaway to the rich and why you get the worst inequality and upward mobility ever anywhere. Google the only tax graph you need to know. And stop being a chump

 

[j-mac]

Agreed, but on consumption, not earnings.

No. Earnings. 10% would be a fair tax for EVERY citizen. In my view. Then move Election Day to April 16th.

 

[Blues Man]

Hence, it is no Ponzi Scheme
It has a steady stream of revenue

It actually is.

If any business ran their retirement plan the way the government runs SS it would be illegal

 

[Blues Man]

Nope
In a Ponzi Scheme the revenue stream dries up leaving investors with nothing.
SS has a steady revenue stream

So do Ponzi scams until they collapse because the revenue stream can't keep up with the payments.

The difference is the fucking government can force us to pay in

 

[Blues Man]

What per centage? One?

Since we have a bracketed tax people only ever pay the top rate on a portion of their income'

Didn't you know that?

 

[rightwinger]

You fucking retard, it's not an illegal ponzi scheme, it's a legalized one.
Even more heinous.

It works
Social Security has been paying for 80 years
It provides a path to retirement for most Americans

 

[rightwinger]

No. Earnings. 10% would be a fair tax for EVERY citizen. In my view. Then move Election Day to April 16th.

How do you maintain the same revenue?

 

[Blues Man]

It works
Social Security has been paying for 80 years
It provides a path to retirement for most Americans

If it worked it would be self sustaining and it isn't

 

[Blues Man]

How do you maintain the same revenue?

Why do we have to maintain the same revenue?

The fucking government is too big and bloated as it is

 

[rightwinger]

Why do we have to maintain the same revenue?

The fucking government is too big and bloated as it is

Because We the People want these programs
The fucking government is the size that We want

 

[Blues Man]

Because We the People want these programs
The fucking government is the size that We want

Don't tell me what I want.

I want to control my own money because the fucking government has proven it can't

 

[Lesh]

Since we have a bracketed tax people only ever pay the top rate on a portion of their income'

Didn't you know that?

Of course I do. That wasn’t what I asked

 

[Blues Man]

Of course I do. That wasn’t what I asked

You didn't ask anything.

People do pay the top rate on a portion of their income Anyone in the top bracket does.

 

[Lesh]

If it worked it would be self sustaining and it isn't

That’s like saying a car engine doesn’t work if it doesn’t run forever without maintenance.

 

[rightwinger]

Don't tell me what I want.

I want to control my own money because the fucking government has proven it can't

If anything, working Americans are receiving less than they did a generation ago as we have continually cut taxes on the rich

 

[Blues Man]

That’s like saying a car engine doesn’t work if it doesn’t run forever without maintenance.

Hardly the same thing.

There are no physical components to wear out in a Ponzi scam.

HAven't you learned yet that in general car analogies don't work for everything?

 

[Blues Man]

If anything, working Americans are receiving less than they did a generation ago as we have continually cut taxes on the rich

So you think people get paid more because a few people get paid less?

And you're the one who doesn't want working people to take home 100% of their pay by switching to a consumption tax that exempts necessities so you really care more about letting the fucking government take and waste other people's money than you are about working people keeping more of their own

 

[Lesh]

Hardly the same thing.

There are no physical components to wear out in a Ponzi scam.

HAven't you learned yet that in general car analogies don't work for everything?

It worked here. You just don’t like it

You don’t like/value social security because you personally don’t need it