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Author: Lapsody 🐝  😊 😞
Number: of 48447 
Subject: Re: Biden's billionaire tax rate fact checked
Date: 03/08/2024 9:29 PM
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There are also many ways to look at "Fair". Is it fair that one class of people pays literally NO income taxes? That's the system we have today - the bottom 40% pay zero in federal tax.
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But-

What percentage of taxes do the poor pay?
When all federal, state, and local taxes are taken into account, the bottom fifth of households pays about 16 percent of their incomes in taxes, on average. The second-poorest fifth pays about 21 percent.Sep 17, 2012
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