Why American Workers Pay Twice as Much in Taxes as Wealthy Investors

Re:Why American Workers Pay Twice as Much in Taxes as Wealth... by URSpider94 on Tuesday September 12, 2017 @12:27PM (#15228662)

If you think about it, the poorest 10 percent of society consume 100% (or more) of their income, and would pay tax on all of it. The wealthiest 1 percent might only consume 20% of their income, and would therefore be taxed at a much lower rate vs. their income.

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Re:Why American Workers Pay Twice as Much in Taxes as Wealth... by belovedeagle on Tuesday September 12, 2017 @04:22PM (#15232104)

And? This is only "unfair" if you assume that people should be taxed as a percentage of their income, but by moving to consumption taxes we discard that assumption.

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Re:Why American Workers Pay Twice as Much in Taxes as Wealth... by dogruck on Tuesday September 12, 2017 @04:43PM (#15232422)

Also assumes that we would heavily tax the consumption of basic goods, like groceries.

More likely, we would heavily tax goods that poor people cannot afford. Things like dining out, travel, fashion, electronics, cars, and housing in excess of basic sq footage.

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