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No-Sleep2378 t1_j9lx9dx wrote

Reply to comment by jubilant-barter in Wealthy Percentiles Rising by dwaxe

He said income tax. This paper includes other taxes in an attempt to make it look more equal. You aren't reading correctly

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jubilant-barter t1_j9lysks wrote

But if you only talk about income tax, your conclusion is a lie.

Why would you exclude such a massive part of inequality and revenue as capital gains and other revenue.

Especially since "income" is like the shittiest way to get into the 1%.

And good lord, even if it wasn't. The threshold for the bottom 50% of the nation is 42k and sales tax is a thing too. What exactly are you trying to tell us, that we should bring the hammer down just to make sure the plebes suffer more.

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No-Sleep2378 t1_j9m1gkr wrote

Wasn't even my conclusion. So will just reiterate you should really learn to read more carefully. But great rant

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jubilant-barter t1_j9m2eod wrote

Oh, no I know.

But when you have conversation about taxes, one of the ways people try to convince everyone that rich people shouldn't have to pay taxes, is an aggressive cherry-picking of the data. It's on purpose, and it's deceptive.

For example, they'll pick 2020, which was peak covid relief, and a massive outlier. They'll focus on income, because it reinforces their point.

Like, covid relief is over, the Trump tax cuts just expired (hiking taxes on lower income Americans), and inflation is going gangbusters on cost of living.

So liiiiiiiike... we can't ignore this stuff.

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