Did you know that the government gets almost 90% of it's income taxes from the top 25%? Yes, even with all the tax dodging, the top 1% bankroll almost half of the IRS. That means that if the government only taxed earners of $100,000+ a year, they would have to cut their budget by 7 per cent, barely anything. Here are some charts to look at.
Click for larger images
So this leaves the question:
Why do they tax normal people, if it barely makes them any money?
Because they hate you.
Here are some factoids that should make you angry.
- Banks, airlines, and Car companies get bail outs, and you don't.
- Drug dealers can make $2,000 a day and they don't pay taxes.
- Our president of orange descent paid $0 in taxes.
- Income taxes used to be against the constitution.
- 38¢ to 80¢ per gallon of gas (depending on the state) are taxes (even before the war in Ukraine).
- That 7% surplus tax money was being spent to go kill children in Afghanistan/Vietnam/Wherever.
Go tell your local politicians to fix this. Anyone who won't fix this hates you.