In fact, 95% of taxpayers pay less than 20% effective income tax.
What matters is the EFFECTIVE rate. That's after deductions and credits.
The fair tax is a scam and the very fact Republicans think their base is dumb enough to support it is precisely why Republican leaders deserve impalement as much as demoKKKrat leaders do.
Not a single person here pays a 30% income tax.
Also, the products you buy will be marked up over 30% since businesses will have to pay the 30% tax on sales to other businesses to buy all the component parts that go into making a phone or a radio or the dinner you buy. So the products you purchase will be 30% higher plus you'll have to pay a 30% tax on a marked up retail price meaning you're FUCKED.
I'm seriously concerned that almost 100% of people posting in dot win forums are dumb enough to think a 30% national sales tax on every sale is better than the 5% effective federal income tax rate they probably pay each year.
A bit late, but while I was working oil rigs here in Canada my income tax from federal and provincial deductions worked out to 31%. Plus I had CPP and EI deductions too so i was paying 31-33% of my income to their black hole of waste. Maybe Americans get a lower rate, would have to get an American oil rig worker to weigh in on how much he got robbed off his cheques.
99% of Americans pay less than 30% effective income tax rate. https://communities.win/c/Conspiracies/p/16a9lchIV2/the-fair-tax-scam--its-an-increa/c
In fact, 95% of taxpayers pay less than 20% effective income tax.
What matters is the EFFECTIVE rate. That's after deductions and credits.
The fair tax is a scam and the very fact Republicans think their base is dumb enough to support it is precisely why Republican leaders deserve impalement as much as demoKKKrat leaders do.
Not a single person here pays a 30% income tax.
Also, the products you buy will be marked up over 30% since businesses will have to pay the 30% tax on sales to other businesses to buy all the component parts that go into making a phone or a radio or the dinner you buy. So the products you purchase will be 30% higher plus you'll have to pay a 30% tax on a marked up retail price meaning you're FUCKED.
I'm seriously concerned that almost 100% of people posting in dot win forums are dumb enough to think a 30% national sales tax on every sale is better than the 5% effective federal income tax rate they probably pay each year.
A bit late, but while I was working oil rigs here in Canada my income tax from federal and provincial deductions worked out to 31%. Plus I had CPP and EI deductions too so i was paying 31-33% of my income to their black hole of waste. Maybe Americans get a lower rate, would have to get an American oil rig worker to weigh in on how much he got robbed off his cheques.