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(lemmy.world)
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this post was submitted on 11 Oct 2023
1397 points (96.9% liked)
Work Reform
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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
founded 1 year ago
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They pay 42% of INCOME taxes, which are only 40% of the annual federal tax receipts. Which means their income tax only amounts to about 17% of the overall tax receipts. Their FICA contributions are capped and they pay no FICA on anything over about $140,000. FICA tax accounts for 25% of overall federal tax receipts. The majority of remaining tax receipts are consumption taxes and property taxes, both of which are regressive and impact lower income citizens more.
https://taxfoundation.org/data/all/federal/us-tax-revenue-by-tax-type-2020/
https://www.bench.co/blog/tax-tips/fica-tax
https://www.investopedia.com/terms/r/regressivetax.asp
Fair correction. So, you're saying they do pay taxes?
Edit: do you consider corporate taxes part of the 1%, or nah?
Keep shifting the goalposts. That's how you win, right? How's that boot leather taste?
I'm not the one that shifted them. What was the comment I first replied to? I'll wait.
Your statement implies that the top 1% pay 42% of all taxes, which is untrue. When called out on your lie of omission you cried like a bitch and tried to shift the goalposts to seem like you didn't lie.
The comment I replied to said the rich don't pay taxes. What was important is that the rich pay a lot of taxes. I forgot a word and when it was pointed out I told them it was a fair correction.
Their analysis counted all federal receipts. 13% of federal tax receipts were corporate taxes. So they implied that the rich pay less than they do of all federal receipts and I was curious if they would respond to me asking.
No goalpost shift. The point was the rich pay taxes. They reminded me I forgot a word and I accepted the correction like an adult.
You people are fucking wild.
You accepted the correction and then added your own edit asking about corporate taxes - the implication being that person who corrected you isn't being honest. Projection.
No. They counted 1% income tax liability vs total federal receipts and I was curious if they considered that. It's a separate issue. My point was rich people pay taxes, and they do. A lot of taxes.
You fuckin' kids are something else.
That's the truth, 110%.