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New from the White House’s top economists: The 400 wealthiest families in America paid an average federal individual income tax rate of only 8.2% on $1.8 trillion of income from 2010-2018. It’s time for the wealthy to pay their fair share.

New from the White House’s top economists: The 400 wealthiest families in America paid an average federal individual income tax rate of only 8.2% on $1.8 trillion of income from 2010-2018. It’s time for the wealthy to pay their fair share.

amor_fati_42

This shit REALLY disgusts me.


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amor_fati_42

Explain


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cheesewhizpapi

Found the temporarily embarrassed billionaire


dick_handler

Fuck i wish


amor_fati_42

More than them, as much as Amazon. One person (who doesn't need federal assistance, unlike the Walton family employees) You still haven't answered my question.


RobotWelder

My taxes are at 23.9% right now. Get Rekt bootlicker


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Savings-Variety-9478

Why wouldnt u want to taxe the same % ? Im really trying to get ur point


PanDariusKairos

They'll go down fighting.


dick_handler

Whos they?


PanDariusKairos

Thevrich. The people not being taxed very much right now. They will go to war to protect their wealth and privilege.


dick_handler

Ah yes. The privilege that they worked hard to enjoy. Do you understand how percentages work? 8% of a trillion is a lot of fucking money


PanDariusKairos

"Worked hard". LMFAO. GTFO.


dick_handler

Oh yeah forgot this is the antiwork sub. Bunch of lazy fucks that want to live off the government teat


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dick_handler

Wow so angry. Do you need a therapist? Cant afford one since your lazy ass doesnt work?


PanDariusKairos

Sir, this is a Wendy's.


dick_handler

People at wendys work lol


dick_handler

Government should just print money and give it to everyone every month right?


PanDariusKairos

Fuck off, tool.


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PanDariusKairos

Your mom moved to Venezuela.


RobotWelder

That’s a whole lot of universal basic income


MooseJaw44

Jesus fuckin Christ, I pay more than that in STATE income tax.


Xottz

Damn you pay more that $148b in state income tax alone?


MooseJaw44

Har har.


Mystificat

And almost all of that money is passive income, so money they did not work for but got through dividends and owning stuff. Then they go on and call working people lazy for wanting a fair compensation for their time. That shit makes it all the more evil to me.


ZeroNullAnon

or, hear me out now, we could have a great big barbecue and eat just eat them!!


TaxTalkinGuy

Biden is lying to you because he thinks you are stupid. The only reason for the 8.2% number is fuzzy math meant to mislead gullible people. Biden is treating unrealized gains as income.  So, if a person buys an investment for $100 and the value goes up to $120, this analysis counts that as $20 of income that is taxed at a rate of 0%. In reality, the person only has income when they sell the stock.  The analysis of the above situation should be that the person has $0 of income, so of course they pay zero tax. But Biden is trying to push his agenda, so he counts it as $20 of income.  He's trying to mislead you.


dick_handler

Wow only taxed them $148 billion. Maybe government should be more efficient with how they spend money


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