r/PoursTea • u/Veshaad Timendi Causa Est Nescire • 4h ago

FinancialTea 💵 Precisely this...

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u/SpecialistSort3348 1h ago

Schools are intentionally failing people. Only someone in complete ignorance can spew this crap.

Poor For evey $1.00 paid in taxes get $6.17 Rich For evey $1.00 paid in taxes get $0.11 Top Rich pay over 31% in taxes Poorest pay less than zero and get money back on taxes they did not pay

1% of bottom is more of a problem than 1% rich https://youtube.com/shorts/3Bmxi4bi7xs?is=EQOHxZx0s6ZOVBic

2021 The IRS's Statistics of Income division publishes annual data showing the share of taxes paid by taxpayers across ranges of Adjusted Gross Income (ACI). The newly released report covers Tax Year 2021 (for tax forms filed in 2022). The newest data reveals that the top 1 percent of earners, defined as those with incomes over $682,577, paid nearly 46 percent of all income taxes - marking the highest level in the available data.

The top 10% of earners bore responsibility for 76% of all income taxes paid, and the top 25% paid 89%of all income taxes. Altogether, the top 50% of filers earned 90% of all income and were responsible for 98% of all income taxes paid in 2021.

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u/kangorooz99 1h ago edited 1h ago

“Schools are failing people!”

Followed by a rant full of piss poor grammar and typos.

Can’t make this shit up.

Also, you fucked up the most basic of math. Of course they pay most of the income taxes — they make most of the income. The question is what PERCENTAGE of their income do they pay vs. the middle class?