this post was submitted on 16 Apr 2024
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Data is Beautiful
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You will pay far more taxes. These stats are just based on percentages. The rich pay more in taxes each year than most people will make in their entire lives. As someone who makes a ton of money and pays a crap ton of taxes, the people who make these graphics are clueless idiots.
This graphic is based on the percentage of income paid to taxes. A family making $500k a year paying a higher dollar amount than one making $50k a year is expected, but the higher earners should also be paying a higher percentage because 20% to them means a lot less sacrifice than 20% to a low income family. The sacrifice of not buying that third or fourth house is a lot less than whether the low income family goes to the doctor for a checkup.
Taxes should be treated like insurance. If you're more likely to use social services, then you should pay more taxes. Those who do not require public social services should not pay taxes at all.
So high income people don't use roads, fire, police, the FAA, tax breaks for businesses, etc? They don't indirectly benefit when their lower income employees, people at the store, people that use whatever drives the high income people's earnings, etc. are using these social services including food assistance and Medicaid? Do high income people just live in a magical bubble where people have no interaction and connections to each other and they earn money without the input of anyone else? I'd love to live in this fantasy land with you.
One benefit rich people get from social services is the poors not dragging them into the street and beating them to death.
Which is an option
No one needs lower income employees.