News for hackers. Stuff that matters.

A comment on U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Recession. Parent comment

Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by fzeroracer on Wednesday April 29, 2020 @01:25PM (#23021769)
If someone making 1m/yr pays 1% in taxes and someone making 10k/yr pays 90%, the millionaire is still covering over 50% of the tax burden despite being impacted far less by the taxes on his wealth.
[ Parent | on HN ]

There are no comments on this comment yet.