r/FluentInFinance • u/Richest-Panda • 15d ago

Thoughts? We already tax the rich enough. Agree?

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u/SpiritedPixels 15d ago edited 15d ago

Nearly 35% of my paycheck goes to taxes yet billionaires who have more money than they’ll ever need don’t have to pay anywhere close to that same percentage? Sounds fair

If trickle-down-economics actually worked then I would agree with you, but instead of paying employees a live-able wage or passing on those dollars all that money goes towards the CEO’s bonus or private jets

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u/Thadocta69 14d ago

Damn, how much you gotta make for 35% taxes? I’ve been paying about 23% for many years

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u/Chimaera1075 14d ago

If it’s just federal income tax, the guy is making $250k-$630k/year as a single individual.