Re:With corporate tax off table, U.S. Democrats turn to bill...
by WkndTriathlete on Monday October 25, 2021 @01:04PM
(#28990268)
The top 0.1% - 10% already pay the majority of taxes in the US. Beyond 0.1% the tax rate drops off due to loopholes in the tax code.
Eliminating all of the loopholes, re-evaluating the marginal tax rates, and taxes on corporate income or a VAT make sense. Unfortunately it seems to easy to whip up people into a frenzy about some of those solutions because they can't math.
Eliminating all of the loopholes, re-evaluating the marginal tax rates, and taxes on corporate income or a VAT make sense. Unfortunately it seems to easy to whip up people into a frenzy about some of those solutions because they can't math.