Howardmh24 is discussing:

As it stands, billionaires use much of their money to buy non-taxed assets like stocks. The new plan would levy annual taxes on those assets, which rich people often use as collateral in loans.

The .5% of Wage earners in America pay like 30-40% of all personal income taxes, the top 10% people earning over 200 grand a year pay nearly 70% of all taxes. the BOTTOM 50% pay a mere 2% Collectively, most of them get 4-5X what they pay in thanks to EIC. TOTAL Falsehood they pay no taxes.

loading...
Dissenter
connecting...