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Jolly Platypus@lemm.ee to politics @lemmy.worldEnglish · 7 months ago

Harris Plan Would Bring Tax Increases for Richest 1% and Cuts for the Bottom 99% | Common Dreams

www.commondreams.org

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Harris Plan Would Bring Tax Increases for Richest 1% and Cuts for the Bottom 99% | Common Dreams

www.commondreams.org

Jolly Platypus@lemm.ee to politics @lemmy.worldEnglish · 7 months ago
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"The contrast between Harris and Trump on taxation could not be more clear," said the executive director of the Institute on Taxation and Economic Policy.
  • MareOfNights@discuss.tchncs.de
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    7 months ago

    Wtf 5 out of 100 people make 200k??

    I need to immigrate asap.

    • Kecessa@sh.itjust.works
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      7 months ago

      Cancelled by all the money spent on private services that are public elsewhere. The grass isn’t greener when you look at the big picture.

    • Letstakealook@lemm.ee
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      7 months ago

      Sure… half the country also makes less than 75k a year. I guess it depends on what industry you’re in.

      • Kecessa@sh.itjust.works
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        7 months ago

        Median income is 38k (edit: around 40k depending on source) in the US, not 75k

        • Letstakealook@lemm.ee
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          7 months ago

          https://smartasset.com/data-studies/top-1-percent-income-2024

          First sentence.

          • Kecessa@sh.itjust.works
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            7 months ago

            That’s the household median income

            https://datacommons.org/place/country/USA?utm_medium=explore&mprop=income&popt=Person&cpv=age,Years15Onwards&hl=en#

            • Letstakealook@lemm.ee
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              7 months ago

              Oh wow, that is incredibly low.

              • Øπ3ŕ@lemmy.dbzer0.com
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                7 months ago

                Yeah, most of the entire country is a single missed paycheck/health emergency/household crisis away from absolute destitution.

                The level of cognitive dissonance in those very same people demonizing & dehumanizing houselessness-related issues is forebodingly despicable — considering they’re >this< close to being “one of them”. 😶🤦🏼‍♂️😥

                Wake the fuck up, fellow citizens. You’re chattel to the rich. Pawns. Playthings.

                But, we outnumber them by the billions. We. Are legion.

      • MareOfNights@discuss.tchncs.de
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        7 months ago

        Engineering. But I just realized the cost of living is similarly insane XD

    • prole@lemmy.blahaj.zone
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      7 months ago

      Well this is where mean vs median becomes important…

      • MareOfNights@discuss.tchncs.de
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        7 months ago

        But what if I become a top-5%-er?

        IMG_20241024_153713

      • PumpkinSkink@lemmy.world
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        7 months ago

        It’s also important to note than depending on how we define “income”, many of the richest have no “income” or a misleading small income (Zukerburg has, like, a 1$ salary or something) because they don’t their money from a wage… they get it from returns on investment. This is also why income tax is a misguided policy goal a lot of the time. We need to tax the investment income of the rich, not their salary.

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