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Do the poor pay a higher percentage of their income on taxes than the top 1%?

Do the poor pay a higher percentage of their income on taxes than the top 1%?
• Yes they do

Poorer Americans do not have the availabilty to tax breaks that richer American have. Because more of their income is disposable than rich people, that income that is spent is subject to increasing sales, utility and other service taxes and fees. They are constantly being nickled and dimed to death.

To clarify my position, I am not advocating anything against the "1%", just answering the question with logic. The only assumptions I have made is what classify as a "poor person".

Simply put, of-course. They pay a higher proportion of their income in tax, it is simple maths. This is due to the fact that they spend the majority or if not all of their income in food, housing etc. Since they are consuming (assuming "legal" consumption") all their income they naturally pay the direct and indirect tax.

In comparison, the top 1% pay less proportional tax because of indirect consumption because of 2 major reasons. Firstly, they have greater disposable income and can afford the legal advice etc to avoid the direct taxes to a min. An example of this is the non-domicile status in the UK. You can legally avoid tax by having a main residence in a low to no tax country while living in the UK. Secondly, by in-direct consumption. An example of this would be an expat in country x. The expat would get their housing and insurances paid for by the company they are working for or with business travel, you travel so much to the point when the air miles allow to travel for free on your personal trips.

To clarify my position, I am not advocating anything against the "1%", just answering the question with logic. The only assumptions I have made is what classify as a "poor person".

Simply put, of-course. They pay a higher proportion of their income in tax, it is simple maths. This is due to the fact that they spend the majority or if not all of their income in food, housing etc. Since they are consuming (assuming "legal" consumption") all their income they naturally pay the direct and indirect tax.

In comparison, the top 1% pay less proportional tax because of indirect consumption because of 2 major reasons. Firstly, they have greater disposable income and can afford the legal advice etc to avoid the direct taxes to a min. An example of this is the non-domicile status in the UK. You can legally avoid tax by having a main residence in a low to no tax country while living in the UK. Secondly, by in-direct consumption. An example of this would be an expat in country x. The expat would get their housing and insurances paid for by the company they are working for or with business travel, you travel so much to the point when the air miles allow to travel for free on your personal trips.

• This is not a debate. It is a fact.

The wealthy, if defined as the vaunted "one percent," pay 35 percent of national income taxes despite earning 19 percent of the nation's income (according to the CBO). The lowest quintile, 20% of income earners, receive money on average through EITC and various welfare programs. Whether this is fair or not is another question, but assuredly, the poor do NOT pay a higher percent of their income on taxes than the rich. This is a fact, not an opinion.

Posted by: Cato
• Nope the Poor get off easy too....

The poor and the rich pay minimal taxes. It's the middle income that gets stuck with the real bill. The Earned Income Credit is the biggest crock in the world. All it does is reward people for keeping their incomes within a certain range. While it isn't welfare its very close. So the very poor can easily avoid taxes and get a FAT refund.

• They don't pay anything.

The poor do not pay a higher percentage of their income on taxes than the top 1%, because the poor do not pay anything at all. In fact, they get refunds for children they have, even if they do not pay taxes. They also get "making work pay" credits, even though they did not earn the money in the first place.

• The poor fall in a different tax bracket

Federal taxes are determined by different brackets - the top1% owe more that someone below the poverty line. While one could argue that the rich have more opportunity for tax rebates, credits, etc, it doesn't change that they in fact, owe more that those below the poverty line. Deductible donations etc are their for a reason, and they do assist the general well being of the state in the same manner that taxes do.