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Old 09-07-2024, 08:42 AM   #41
sdskinsfan2001
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Join Date: Sep 2010
Location: Hanahan, South Carolina
Age: 42
Posts: 20,580
Re: The Last 4 Years.

Quote:
Originally Posted by Darrell Green Fan View Post
Let's review your math. From you article the top 1% had their tax rates reduced from nearly 40% to 20% while the average middle class earner had a tax break of a thousand bucks. Does it needed to be pointed out that a 20% decrease at the income levels of the top 1% is a much much larger number than $1,000? So obviously the top 1% benefitted far more than the average worker. Kamala is looking to change that and have the top 1% pay more and the average American pay less.
If you pay 20k per year in taxes and I pay 10k per year in taxes, then they cut your rate 5% and mine receives a higher cut of 7.5%, you would still "get" more money than me because you paid more. You would get to keep an extra 1k and I would get to keep an extra 750. Is this unfair? No, it makes sense, if you pay more you could keep more actual dollars even if my tax rate cut was higher.

Note - I was already responding to your original post, while it looks like you were editing.
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