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A comment on Modeling a Wealth Tax. Parent comment
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.
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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.