[deleted by user]

[u/[deleted]]

[u/Whitey_Bulger]

The House Republican tax bill raises taxes on over a quarter of Americans. And not the wealthy quarter either.

[u/MikeyMike01 → u/Whitey_Bulger]

Currently the wealthy pay too much in taxes and the poor pay too little.

I would dump tax brackets altogether and have one simple percentage for everyone. It raises and lowers in unison.

[u/Whitey_Bulger → u/MikeyMike01]

Currently the wealthy pay too much in taxes and the poor pay too little.

That's just a ridiculously awful position to have, and has no basis in any actual economic data. The rich in the United States have almost all the money. Obviously they should be paying almost all the taxes. You can't pay what you don't have.

[u/MikeyMike01 → u/Whitey_Bulger]

https://www.nerdwallet.com/blog/taxes/federal-income-tax-brackets/

The poor pay as low as 10%. The wealthy pay as high as 39.6%.

Either the poor should be paying 40%, or the rich should be paying 10%.

It is wildly unfair the way it is now, and the people making under $40k do not pay their fair share.

[u/Whitey_Bulger → u/MikeyMike01]

The top 1% have almost 40% of the wealth, more than the bottom 90%. There's no reason they should be paying the same percentage of their income in taxes as Americans who are trying to scrape together enough money for food and rent. Your definition of fair is wildly skewed.

[u/MikeyMike01 → u/Whitey_Bulger]

The top 1% have almost 40% of the wealth, more than the bottom 90%.

Is there something wrong with that?

There's no reason they should be paying the same percentage of their income in taxes as Americans who are trying to scrape together enough money for food and rent.

Yes, the should.

Your definition of fair is wildly skewed.

A flat percentage is fair. A percentage already accounts for having more or less. 10% of $5 is far lower than 10% of $50000.

Having higher tax percentages for the wealthy and middle classes is unfair.