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A comment on Global minimum corporate tax: 130 nations to support U.S. proposal. Parent comment

Re:Global minimum corporate tax: 130 nations to support U.S.... by djbebs on Thursday July 01, 2021 @05:46PM (#27705287)
Rich people are the only ones paying anything at all. If that's not paying their fair share, how are the 50% of people who don't pay any income taxes at all paying their fair share?
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Re:Global minimum corporate tax: 130 nations to support U.S.... by axlee on Thursday July 01, 2021 @05:58PM (#27705421)
Poor people pay a lot more taxes overall in relation to their wealth and income than the extra-rich. We have a regressive tax system.
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Re:Global minimum corporate tax: 130 nations to support U.S.... by refurb on Thursday July 01, 2021 @08:09PM (#27706479)
How do you pay more when the rate is 0% for the bottom 40%?
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Re:Global minimum corporate tax: 130 nations to support U.S.... by 8note on Thursday July 01, 2021 @09:15PM (#27706882)
There are taxes other than income taxes
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Re:Global minimum corporate tax: 130 nations to support U.S.... by refurb on Thursday July 01, 2021 @09:58PM (#27707125)
Enough to offset the EITC? Most low income folks pay a negative tax rate.
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Re:Global minimum corporate tax: 130 nations to support U.S.... by medvezhenok on Friday July 02, 2021 @10:32AM (#27712016)
I would consider also consider basic rent & food as sort of a "survival tax" if you will, and count it into the equation.

The only useful number is not % tax difference between rich & poor, but % leftover for discretionary spending.

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Re:Global minimum corporate tax: 130 nations to support U.S.... by refurb on Friday July 02, 2021 @12:35PM (#27713732)
You might consider those taxes but nobody else does.
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