Richest Americans Now Pay Less Tax Than Working Class in Historical First

The article quickly lays out three very interesting points:<p>1) The rich have never paid less<p>2) The bottom half of earners have never paid more<p>3) The Carnegies and Rockefellers existed despite the oppressive tax rate of the past<p>So what gives?

The annoying thing about these articles is it feels like someone is trying to shape my political opinions, but I&#x27;m not sure to what end. How am I supposed to finish the sentence, &quot;I&#x27;m mad as heck at the b-b-b-billionaires, and therefore I&#x27;m going to...&quot; Or is it just that they get a penny for my click?

The article conflates unrealized stock gains with income to come up with the same dumb story you&#x27;ve read a million times before.

Rather than react to the clickbait how about listing what you think an ideal tax system would be.

This also doesn&#x27;t account for inflation, which is effectively a regressive tax.

Make complicated tax system, get complicated tax results.

What seems worse to me is the rich seem to just sit on most of their money rather than putting it to work.<p>I guess taxes are supposed to deal with this

Not much appetite to discuss up in here?

This is nonsense, unrealized gains are not income.

This is deceptive by using percentages...<p>Top 1% of earners pay like 50% of all taxes<p>Top 10% pay 80% of all taxes<p>Bottom 50% pay 0% or negative amount of taxes after benefit transfers.