The working poor though earn most their money through wages, which get taxed at the bare minimum 12.4% (payroll + post-payroll SS taxes), and then usually 7-10% sales tax because they are spending all they earn. So the poor are paying 20% tax right off the bat, meanwhile the rich are paying ~20% on capital gains but spending very little of that on sales tax and none on social security. So about the same overall tax rate paid on the earnings of the working poor as the rich.
Social security has always been the main monkey on the back of the working class, to the point the government will literally tax a childless person back into poverty to make sure the quasi-pyramid* scheme is funded. I don't think SS payments are normally recorded in the income tax statistics.
* but technically not
Even calling them "the 1%" is not particularly helpful, because 1% of America is still, like, three and a half million people. These are small business owners and the like; the kinds of people who are well off but still actually doing real productive work. Like, of course they pay the most taxes.
Once you start getting into the 1% of the 1% - "the 0.01%" - then you can afford to hire an accountant who can engineer you a favorable tax situation. And so your tax share starts falling.
But at the level of the 1% of the 0.01% - "the 0.0001%" - you can get custom-designed tax loopholes to favor you and you alone. Because at this level, you're talking about around 348 Americans, all with astronomically high wealth, paying almost no taxes. At this level, the amount of material wealth doesn't even matter; it's all bound up in hypotheticals and illiquid assets. Some of them might be CEOs, or interlocking directors, or politicians. But their real value is all in social capital - their connectedness to other 0.0001%ers who collectively own the economy and can move mountains in their favor.
"Percentage of taxes are paid by the top %1" is just one metric, but there's no reason why we should consider it the only criterion.
I would argue that in our world what you said might be true, and at the same time the bottom 90% lives their day to day with the threat that if they disobey their employer, their lives might quickly fall apart, and I would further argue that the latter is more telling about fairness in our society, than "top 1% pays more than bottom 90%"
I’d rather Romney hadn’t been driven by spite to chime correctly at 12 straight up on the stopped clock, but +1 advocate is still better than +0.
https://www.epi.org/blog/wages-for-the-top-1-skyrocketed-160...
Do do 'percentage of total wealth paid in taxes annually' for the bottom and the top groups.
rjbwork•2h ago
a4isms•2h ago
American parties always seem to maintain party discipline over their members, forcing those with other views to either remain silent, or leave.
fifilura•2h ago
embedding-shape•1h ago
I mean, why wouldn't they? If you ran a party, and one individual seem (from your perspective) to hold opinions that goes against what you and others believe the party is for, wouldn't you also want them to leave your party?
Shouldn't be that hard of a problem really, if we could accept that people change beliefs and opinions as life goes on, and if you have more than 2 political parties as real options, people could be a bit more diverse and nuanced with their spoken opinions.
a4isms•1h ago
I have run and worked for businesses in which dissenting views were important to our success. I don't personally find your argument persuasive.
But I do know people who find that kind of thing very persuasive: I think it would most appeal to the type of person who believes that groups of people should be managed in a strict hierarchal manner, with the people on top managing things for their own benefit.
And—confirmation bias alert—IMO that's absolutely what both of America's parties do, and why it is difficult for their voters to get even of a fraction of the benefits that the donors (who may donate to both parties) enjoy.
mothballed•1h ago
I think they can handle ideological differences. You just need to be able to radically change your vote by fiat of the party leadership.
Tuna-Fish•55m ago
Unlike the republicans, the democrats have never been able to maintain that kind of tight control over members. The CR didn't pass because "democrats" chose to let it. It passed because the republicans were able to individually influence 5 additional democrats to change their votes, in addition to the 2 who had always voted for it.
The kind of tight control that the republican party has had recently is very new and hasn't really happened before in the US.
mothballed•51m ago
This is a hell of a coincidence.
I don't mean to call out the Democrats as the only one who do this (on HN you simultaneously can't point out a party for something because then somehow you're being partisan, but you're also damned if you don't give an example, so it puts you in a tough spot). Just a most recent thing I've noticed.
Up until recently even on HN Schumer was nearly universally damned for letting it happen or being behind it in his capacity as a minority leader. Perhaps without evidence, and perhaps baselessly. But it's telling that as soon as I point it out in a slightly different context, then suddenly it's an opinion worthy of greying out.
>Senator Chuck Schumer, the minority leader, continued to face criticism from members of his own party after he reversed course and allowed the stopgap spending bill to come to a vote.
Dylan16807•40m ago
It's not believing they actually dissented.
lapcat•1h ago
In 2012, Mitt Romney was at least nominally the leader of the Republican party as their Presidential nominee.
Nowadays, Donald Trump is clearly attempting to maintain party discipline, but I don't think anyone has ever been able to maintain discipline over Donald Trump, not even before he was their President or Presidential nominee.
xg15•20m ago
Simulacra•2h ago
dabinat•1h ago
ekjhgkejhgk•1h ago
Yes, these people have a whole party based on this principle.
a4isms•1h ago
That's a particularly icky formulation of personal connection, because it has overtones of paternity as property rights.
Jackson__•54m ago
https://joycearthur.com/abortion/the-only-moral-abortion-is-...
tehwebguy•54m ago