Im all for it. The previous administrations for the last, ummmm 100 years have been giving the rich tax cuts.
It sucks to be poor.
People are always breaking out their pitchforks and jumping on the bandwagon to **** the wealthy because they got a bigger tax break than the middle class and the lower class. The truth is most Americans have no idea what that means, and are coming from a place of jealousy and bitterness.
Do you realize that if they give the richest 1% of the country a 50% decreases in the percentage they pay towards taxes, the rich would still be paying 25% more higher percentage than the poor?
This is because the income tax percentage for the poor is somewhere in the
15% range, while the wealthiest 1% of the country give close to 50% of their income to government for taxes.
The richest 1% that got the bush tax cuts got the largest percentage discount, but still, after that discount, the percentage that they are required to pay is still nearly double what the lower middle class is required to pay!
So if you make $100 you get to keep roughly $85
While the wealthy are only left with roughly $50
Doesn’t seem fair to me.
If you ask most Americans how they feel about a fair tax system where everyone pays the same exact percentage, many people would be for it. 25% is a number that most people can agree on. If this is the case though, that means that the poor get an increase of 10% and the rich get a decrease of 50% while the middle class stays put. That is a much more extreme position to take compared to the bush tax cuts..
Put your pitchforks away and stop *****ing about the rich having so much money and getting such a large tax breaks. It doesn’t add to up fairness, just ludicrousy.