The rich pay all the taxes, so those are the only people whose taxes you could c... | Hacker News

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polski-g 3 months ago | parent | context | favorite | on: Doge Is Replacing Fired Workers with a Chatbot

The rich pay all the taxes, so those are the only people whose taxes you could cut. The top 25% pays 90% of all tax revenue: https://usafacts.org/articles/who-pays-the-most-income-tax/

ydlr 3 months ago [–]

Which is another reason it makes no sense to maintain/raise tax rates on the middle class while cutting taxes on the rich. This is burdensome for those paying while it adds very little to public coffers.

polski-g 3 months ago | [–]

It makes sense if you want to make the tax burden more equal, like it is in Europe.

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