Harris Plan Would Bring Tax Increases for Richest 1% and Cuts for the Bottom 99% | Common Dreams
www.commondreams.org
"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.
  • modifier@lemmy.ca
    14·
    7 months ago

    Problem is a solid 30% of those that vote see themselves potentially attaining that 99% 1%, as baffling as that is.

    Edit

    • Frozengyro@lemmy.world
      2·
      7 months ago

      Strangely enough, most people will be in the top 5% at some point in their life. But just for a year, when they sell their house. So you’re getting fucked 75 years of your life for maybe 1 year of benefit?

      • ApexHunter@lemmy.ml
        2·
        7 months ago

        More like you busted your ass for 75 years then got fucked when you had to sell your house.

    • FerNZA@lemmy.world
      1·
      7 months ago

      I am not from the US so might be wrong, but I think it works the same as in mine. It is because they tax income not wealth (which would be difficult I guess). Elon can probably live on $0 income very comfortably by his standard. More than 1% of income earners will be affected at some point as you age up, inheritance etc. Maybe not 30%