Source kinda sucks bec its looking at all americans not income earners which is what we're talking about.
But even so as others have said the point stands, originally income tax was only for the uber rich and now a large majority of workers pay it.
Also every single worker pays payroll tax regardless of income level, that's something the article doesn't address.
Sure, it's not fun, but it's not an overwhelming burden for those with a simple 1040.
It's still about 1000x more complicated than filing in New Zealand, which is comparable to filing on the California site. Basically a 15 minute wizard on a web page.
Now, maybe if the wealth tax was combined with a significant reduction in income tax, say 0 tax for the first $100,000 a year people make, then people might be a bit more willing to support the notion. But just a new tax, with the promise it won't impact you? Can't blame people for lacking any trust.
If there was ever a slippery slope it was the slippery slope of cutting more and more taxes for the rich.
I even suggested that lowering taxes on the middle class and below while introducing a new tax on the rich would be the a method to prevent people from being concerned with the tax eventually impacting them. With all the 'tax the rich' rhetoric, why not include a 'and not the poor' as well?
I agree that it's easy to tax people wealthier than you. When it might affect you, there's less support.
Well that's false. In 2018 44% paid no federal income tax.
https://www.marketwatch.com/story/81-million-americans-wont-...