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Jacksonville Jaguars Fan Forums Other Stuff Political Talk “I do believe there will be some cuts (to Medicare & Social Security).” - DOGE caucus


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“I do believe there will be some cuts (to Medicare & Social Security).” - DOGE caucus

  • Away TDOSS
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#67
12-20-2024, 11:06 AM

(12-20-2024, 10:28 AM)The Real Marty Wrote:
(12-20-2024, 10:18 AM)TDOSS Wrote: One million seconds is 11 days. One billion seconds is 31 years. There are plenty of dupes to go around.

The top 10% has 95% of the wealth in the country. Shouldn't they be paying 95% of the taxes?

We don't tax wealth.  We tax income.  And for very good reason.  Wealth is an estimate, and taxing wealth would lead to endless arguments and court cases.  Income is measurable.  So it is much easier to tax.  

Also, the top 10% does not have 95% of the wealth.

A more telling figure is the percentage of overall income the rich and poor pay in overall taxes.

You should look at that.
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RE: “I do believe there will be some cuts (to Medicare & Social Security).” - DOGE caucus - by TDOSS - 12-20-2024, 11:06 AM



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