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Politics : Formerly About Advanced Micro Devices

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Eric
rdkflorida2
To: maceng2 who wrote (1521354)2/10/2025 2:19:30 PM
From: Wharf Rat2 Recommendations  Read Replies (2) of 1570140
 
"Under the proposed system there would be no IRS. People who spend more, pay more tax. Poor people would be taxed less that way."

I just showed you that it's a regressive tax; poor will spend a higher proportion of their income on that tax than rich people will.

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"it's about how best to run the government for the people. All of them"
Yep; not just for Elmo, but for the homeless in encampments, hungry students, sick vets, and low-income wage earners who need daycare for their kids.

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"Elon pays about 3% taxes, and he is paying a higher rate then others"

Most people are paying a much higher rate.

In the United States, the average single worker faced a net average tax rate of 24.2% in 2023, compared with the OECD average of 24.9%.


Taxing Wages - the United States | OECD

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