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Re:US Senator Warren Introduces Bill to Simplify Tax Filing by adventured on Wednesday April 13, 2016 @06:05PM (#11492688)
In fact it's not disingenuous at all, nor a logical fallacy. You can derive those rough specs from the absolute numbers very easily.

If the top 10% earn 45% of all income and pay 82% of all income taxes, that means the bottom 90% are earning 55% of all income and paying 18% of all income taxes. Which is another way of saying, the bottom 90% are paying a very low tax rate.

And in fact, another important thing is extremely obvious as a connection to this:

The bottom ~50% in the US pay nothing net in income taxes. This is a pretty well known tax fact.

That means the bracket between 50% and 10%, that 40% group, is paying an increasingly very low rate as you go down the income scale, as the 10% to 20% bracket is carrying a high share of that remaining 18% income tax revenue base just as the top 10% group is. Put a very simple way: the bottom ~70% of income earners in the US, pay an extraordinarily small share of all income taxes, and inherently must have a low tax rate given their share of the income base (but that's also another trivially easy stat to retrieve).

Explain to me again how anything I said is incorrect or disingenuous, and or how the rich aren't paying their fair share of income taxes. The sole argument you have left that I can see, is to claim that the top 10% should go from paying 82% of all income taxes on their 45% income share, to paying 100% of all income taxes off of that 45% share of national income.

Re:US Senator Warren Introduces Bill to Simplify Tax Filing by mjevans on Wednesday April 13, 2016 @06:22PM (#11492818)
I can't seem to locate a graph (within my time constraints) that shows, by percent (not by grouping higher/lower) how much, relatively /each percent/ or each income bucket pays in taxes.

This however comes close.

https://en.wikipedia.org/wiki/Progressivity_in_United_States...

A fair tax system would not have a hump, or a ramp that then levels off, but would instead be a slowly rising graph with a continuously accelerating rate of being taxed, such that past some arbitrary point that extra return for every unit earned is virtually nothing (reflecting the stratospheric difference that already exists).

I say that would be fair because I believe that even a truly exceptional person, let us say that they are unquestionably a genius instead of merely someone particularly good at business, is not worth 1000s of times or more what someone else is worth.

If you're earning more than 1000s of peoples worth of taxes, you should be /paying/ like you're 1000s of people (without the per person tax credit).

Re:US Senator Warren Introduces Bill to Simplify Tax Filing by imron on Wednesday April 13, 2016 @09:23PM (#11493686)
> Which is another way of saying, the bottom 90% are paying a very low tax rate.

In absolute terms yes. Individually, and as a proportion of their total income the bottom 90% are paying more than the top 10%.