False. High wage W2 workers pay the most in taxes (e.g. Engineers, doctors, lawyers, etc. who work for a company)
Aight this is what he posted to me in that crypto thread:
You can't be penalized for following the law. That's why people are so pissed when they hear corporations or billionaires don't pay any taxes. Well they don't have to pay taxes, because they have more money in tax deductions that they donated to charitable contributions than what they would owe in taxes. You've done taxes I'm sure, and they asked you if you made any charitable contributions right? Well this is where that matters. People really HAVE NO IDEA how our economy or tax system actually works. Unless you're making over $130k approximately each year, which I'm not currently, and I'm willing to be the majority of those reading this aren't either, we basically pay no taxes on our income to the federal government in income tax. If you receive a refund each year on your taxes, especially if you make less than $20k/yr for instance, you're in the lowest bracket, and you'll probably get back thousands of dollars in a refund, especially if you have children. Where does that refund money come from? From the top 1% of people in this country. They already pay all of our taxes, at least income wise. We all pay sales taxes, and property taxes depending upon where you live, etc., but our income tax system is funded primarily by the top 1% of earners in the US. So when you have all these stupid ass-hats that don't have the skills to flip burgers at McDonald's demanding we "tax the rich", they are literally putting the nails in their own coffin. The rich obviously have money, which would be needed to move out of the country, say to another country with better tax rates and similar lifestyle accommodations to the US, say Sweden, Holland, etc. Those nations are probably going to WELCOME someone like Elon Musk, or Donald Trump, bring BILLIONS of dollars into their economy. Americans are stupid anymore, and they refuse to learn anything about history, nor do they know anything about the economy, and so we are literally watching the downfall of this nation if we continue on the path we're headed. If we raise the taxes on corporations, guess what? They'll move back out of the US where it's cheaper to operate. If we tax the rich? They'll move out of the country too. The US is making the US a place that is no longer desirable to live if you're an intelligent, free-thinking individual, especially if you've used that to make a fortune. Eventually the appeal of living in the land of the free will be outweighed by the fact that we don't live in the land of the free, we are already living in a time where our Constitutional rights are being violated daily, and the people responsible for committing fraud, treason, etc, are not only getting away with it, they're actually running the whole damn show now. Once they push too far and if the people don't stand up and take back what is rightfully ours, you'll see all the corporations and rich people leave the US, and when that happens, our society will collapse, fast....