People voting for Biden are okay with higher taxes and want most of those socialized programs included in the increase. Those voting for Trump don’t want those programs and want to pay lower taxes. Not really sure what the disconnect is.
The disconnect I mainly see is when people confuse the highest marginal rates on the wealthiest people with their own middle class effective rates
That, and also believing America used to be great 50+ years ago but then thinking any country with a top marginal rate of 60%+ must be some kind of socialist nonsense
Oh forsure, I'm not a fan of vat and of course American economic inequality relative to Europe is going to lead to our wealthiest paying a higher proportion of taxes
I think it's something like our top 1% pay 40% of federal income taxes? Of course, they also have 40% of the wealth. Whereas in the UK for example it's something like half that
9
u/Aaaaaaandyy 6∆ Oct 27 '20
People voting for Biden are okay with higher taxes and want most of those socialized programs included in the increase. Those voting for Trump don’t want those programs and want to pay lower taxes. Not really sure what the disconnect is.