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@ThatkidLexi4 6mos6MO
@B8GH3TH 6mos6MO
@9S664V9Independent 2mos2MO
Our standards on infrastructure, health, education, and safety have increased over time, but could be much higher. The wealthiest among us have the highest standards and have the greatest ability to contribute. Lower-income people cannot afford to sustain it alone, so it falls on the wealthy to fund them or lose them. We cannot keep running at a deficit. Through a progressive tax system, everyone benefits, including the wealthy, by creating a better society around them.
@BBQXT8Y 2mos2MO
Furthermore, I'm sure you've heard the doubling penny for 30 days scenario, essentially, overtime whoever is rich right now -- they're wealth will just double, and keep on doubling until the normal people and the rich get further and further away. Classes of wealth should not be this far divided. There shouldn't be billionaires.
@B8JK6ZV 6mos6MO
@B9QQST3 4mos4MO
@B9RFJNY 4mos4MO
- The rich are getting exponentially richer, while not providing exponential benefits to the average American.
- They're given numerous loopholes and often pay an effective tax rate lower than that of the average American.
- They receive a disproportionate amount of Government funding, while hoarding unreasonable amounts of wealth.
- Concerns of ultra wealth fleeing higher taxes are laughable, they're already using all available avenues to flee taxes.
- The wealth divide is increasing and will continue increasing, to the detriment of the majority of Americans if we don't do something to address it.
@BCLCFF2Independent 2mos2MO
@BC9Y2DJ 2mos2MO
In 2020, economists David Hope and Julian Limburg analyzed data from 50 years of trickle down economics in multiple countries and demonstrated that tax cuts to the rich only benefit the rich. It drives inflation and income inequality. The money does not go back into the economy. It does not trickle down to the working classes. In fact, the opposite holds true. When the working classes have money, there is a trickle up effect. The few that are super wealthy should not be rewarded for decreasing the quality of life for the masses.
@B8TBB7Q 5mos5MO
@B8KX96B 6mos6MO
Taxes are needed for our government to work because our citizens receive work and pay, and in turn they give the government money to help keep them safe, and employed. They are mostly fair in the fact of deciding how much each individual should pay each year. And our country would not last without them.
@BCLD344 1mo1MO
Taxes are important because they fund things people use every day like schools, roads, and healthcare, and countries like Norway and Denmark show that higher taxes can support better public services; they also help reduce inequality by making higher earners contribute more, so without taxes there would be fewer services and a bigger gap between the rich and poor.
@BBY45JH 2mos2MO
As of March 2026 total gross debt is about $38.86 trillion with an average daily increase of $6 billion. This total debt is equal to about 96% of the annual Gross Domestic Product (GDP) of the US! Tax cuts imposed by Trump and congress reduced tax revenues and if left in place will allow the national debt to increase dramatically in future years with some estimates showing the national debt growing to 143% of GDP within 10 years. These deficits are non-sustainable and will create massive instability in our economy and overall standard of living, and will force the government to cuts progr… Read more
@B94L3QSIndependent 5mos5MO
@B9JX9H4 4mos4MO
Studies show that the very wealthy often pay a lower effective tax rate than middle-income earners for instance some billionaires might pay an effective tax rate that's lower than a firefighter a teacher even though those teachers and firefighters are less money than a billionaire because a lot of their income comes from Investments which are lower tax rates. There have been reports and Analysis showing the top 1% can sometimes play a smaller share of their income taxes Than People further down the income ladder. Some organizations like the institute on Taxation and economic policy which… Read more
@BBR22RX 2mos2MO
@BD74ZQS 2wks2W
The top 1% owns about 31–38% of all U.S. wealth
The bottom 50% owns only ~2.5%
The top 1% holds roughly as much wealth as the bottom 90% combined
Since the 1970s, about $50–80 trillion has shifted from the bottom 90% to the top 1%
The top 0.1% alone has seen massive gains in just the last few years
About 68% of Americans say wealth inequality is too high
When wealth concentrates this much, it doesn’t just sit there—it shapes access to housing, education, healthcare, and even political power.
@B9BYWYW 4mos4MO
@B96DKDY 4mos4MO
Inequality is extreme: The top 1% owns ~32% of U.S. wealth, while the bottom 50% owns ~2–3%. That level of concentration historically correlates with lower mobility and instability.
They’re taxed less than you think: Billionaires often pay lower effective tax rates than middle-class workers because most of their income is capital gains, not wages.
Higher taxes used to work: From the 1940s–1970s, top marginal tax rates were 70–90%, yet the U.S. saw strong growth, rising wages, and massive infrastructure expansion.
Raising taxes doesn’t kill growth: OECD and IMF resea… Read more
@BC59P632mos2MO
Elon musk makes an estimated 35-40 billion a year and he gets taxed 37% of his income which is 12.9 billion leaving 22.1 billion. people start getting taxes 37% of their income at 626,000 a year which would be 231,620 in taxes leaving 394,380. 394,380 is .00178452489% of 22.1 billion, the billionaires could absolutely afford to be taxed more.
@B8BSK9R 6mos6MO
Every year, America's richest citizens paper over their earnings with losses use other creative accounting strategies to shelter their fortunes, as the tax code allows them to do. After the refund, Trump had an average tax bill of $1.4 million per year over the 18 years. In 2016, Trump paid only $750 in federal income tax, and in 2017, he paid another $750 in federal income tax. This was much less than other recent presidents paid while in office.
@BD6P2T2Peace and Freedom 3wks3W
@B98JQ74 4mos4MO
The super-rich cannot possibly spend all of their money on material goods and/or services, their massive wealth allows them too much power compared to the average citizen, and the extra tax revenue would allow the government to provide more aid to the impoverished. The extra aid would make the American Dream possible for a lot more people.
@BBVLNDP2mos2MO
@B8KYWL46mos6MO
@B8VYBQ5 5mos5MO
Paying taxes is not just a responsibility; it's a commitment to our community. Taxes are the foundation that allows us to provide crucial services and support for those in need, ensuring that everyone has access to education, healthcare, and essential infrastructure. By contributing, we invest in a stronger, more equitable society where everyone can thrive. Together, we can create a better future for all.
@B8SGPWN6mos6MO
Taxes should be raised on the rich because low income families end up suffering on tax raises, while the rich sit in their homes, filled with so many rooms. The rich do the bare minimum to help low income communities when in reality, they should be doing more than what they already do, low income families have to work their asses off just to afford food for their families, a roof over their head, and basic necessities, that humans need, but because of the crippling state of the world, can't afford.
@B8F3CDQ6mos6MO
Taxes pay for schools that raise literacy, healthcare that adds years to life, and roads that boost trade. In the US, every dollar spent on infrastructure can return up to three dollars in growth. During COVID programs funded by taxes kept millions out of poverty. Without taxes these systems collapse and everyone loses.
@BC3QQMH2mos2MO
Amazon and many other corporations paid $0 in taxes for several years and the wealthiest individuals in our country get rich from capital gains and borrowing against their wealth which amounts to limited, if any taxes for them. CEO pay has continued to rise exponentially while minimum wage and the average pay for a worker has stagnated. We decry social welfare and public assistance platforms but don't bat an eyelash when CEO pay explodes or companies use billions for stock buybacks. By not changing the tax structure, we, the average American, are just paying taxes to subsidize the social program on our dime while major business (looking at you Wal-Mart) rake in profits by paying their workers less and letting US foot the bill for it.
@BB2VMVL3mos3MO
@B8W8ZV8Women’s Equality5mos5MO
@BCQ3X581mo1MO
@BD245B6Republican4wks4W
@BC6LQ732mos2MO
@B8M44VN6mos6MO
@BCYWL7P4wks4W
@B8WQBMM5mos5MO
@B8V3RNF5mos5MO
@BCZYLTM4wks4W
The rich having to pay more taxes will allow the government to use that money on more important things like real world problems instead of letting them pay the same amount as people in money struggles just so they can stay rich or keep their rich "title¨. It's not fair to have middle class and lower class people pay the same amount of taxes as a billionaire.
@BB2QPKR3mos3MO
@B8XBZCW5mos5MO
@B8V6YZB5mos5MO
@B8MKZCRWomen’s Equality6mos6MO
@9FBJ3CQ3yrs3Y
@BCHWLT6Peace and Freedom 2mos2MO
@B8KLC5Y 6mos6MO
Taxing the rich with higher taxes and a wealth tax would help fund social programs that we actually need. The government can lower the taxes of average people like you and me, while raising and adding taxes on the rich, and gain money. This would also help curb the rampant wealth inequality in our country, and give more opportunity for middle-class people.
@BBYVSX72mos2MO
@B9KK9DXIndependent4mos4MO
@B9FTJK34mos4MO
@B8CQ59Q6mos6MO
Increasing taxes on the super wealthy levels the opportunity field for all Americans. The super wealthy made their money with the hard work of people who are not sharing the spoils. Taxing the super wealthy will still leave them with a substantial bank account but also allow are country to provide high quality, world class education and healthcare.
@BCLKB922mos2MO
@B8WX3RN5mos5MO
The wealthy have the money, especially the top 1 percent, to take higher taxes so that the working class that have jobs in their businesses and communities, the working class that brought them to where they are now, can have better living conditions and more opportunity. Not only do the wealthy have the means to support the working class, they have a duty to their community, all previous communities they belonged to, and the nation that supports them, so spending more to reduce suffering is the only way they can be morally good. All billionaires are immoral because they have an excess amount of money they could be spending to help other people in their communities that made them.
@BCWTKJT4wks4W
Supporting the Yes position on taxes is easier when looking at how taxes directly improve quality of life and economic growth. Taxes fund public schools that educate over 49 million U.S. students each year, helping create a skilled workforce for the future. They also support infrastructure like roads, bridges, and public transportation—America has more than 4 million miles of public roads that require maintenance funded largely through taxes. In healthcare, programs such as Medicare and Medicaid provide coverage for over 150 million Americans combined, showing how tax dollars protect… Read more
@BCQMR4Q1mo1MO
@BC65XGH2mos2MO
@BC325YL2mos2MO
@BBXLXV82mos2MO
Taxes need to be raised on the rich because they get taxed less when they have more money than the average American. Lower class people who have less money get taxed more than the rich, which makes it harder for them to survive while the rich get to live the high life. They should get taxed more because they have more money and it could be used to pay for more and better things.
@BBWTMYX2mos2MO
@BBP3LYQIndependent3mos3MO
To put it simply, those with the most money should be helping to pay more toward those who have too little to afford the basic necessities. There are some that take advantage of this system, yet more often than not I still think it better for everyone to live in stability that struggling paycheck to paycheck, and yet we continue to advocate from giving those at the top a break from their already easier lives.
@BB43WSC3mos3MO
@B9LRYK84mos4MO
Ultra wealthy individuals have been moving to areas like Florida or Texas to avoid state income tax. In Europe f1 drivers who earn significantly less move to Monaco. In the us we also see people move to Puerto Rico. It’s a matter of when the cost of higher taxes outweighs the convenience of living in the us for billionaires.
@B9B8HRQ4mos4MO
@B98RVLM4mos4MO
@B8SS5B75mos5MO
@B8RLWXG6mos6MO
@B8MWSF46mos6MO
Now, we shouldn't raise the taxes to an awfully large extent when it comes to the rich. But, we should consider raising it to a certain level that can not only let them provide for themselves, but provide for others. For example, people with a decent income spend 20% - 30% on taxes yearly. Taxes vary on what house you live in and what job you work for; but regardless, the rich pay less compared to the poor. So, instead of making them pay 20% - 30% on taxes, we should make them pay 23% - 33% in order for them to contribute to the low-income families out there. It doesn't harm the wealthy, but it benefits the ones who need money in their desperate time of need.
@B8GXRSZ6mos6MO
Maintaining roads, schools, and public services costs billions of dollars every year, and without fair taxes, these essential systems suffer. In Arizona, about 67% of road spending already comes from road‑use taxes, but as vehicles become more fuel‑efficient or electric, traditional fuel taxes won’t cover the costs. A usage‑based tax, like charging per mile driven, is fair because those who use the roads most help pay for their maintenance. Without these funds, road quality declines, vehicle repair costs rise, and safety is compromised, meaning fair taxes now prevent bigger costs and problems later.
@BD34N6V3wks3W
The richest 1% of households in the US have accumulated nearly 1,000 times more wealth than the bottom 20% over the last three decades, and the top 0.1%'s share of total wealth is at a record high of 12.6%. Despite this, the top 400 billionaire families paid an average federal individual tax rate of just 8.2% in 2021, which is significantly lower than the 13% paid by the average American taxpayer.
@BBWYFLZ2mos2MO
We're all struggling right now, money is tight and its hard to even afford groceries. We are the ones who feel the rise in taxes, the wealthy people barely pay any taxes. If they have the ability to live comfortably and luxurious then surely they have enough money to pay high taxes the same way we do.
@B9VTT42Progressive3mos3MO
@B9SDMZJ4mos4MO
Nearly all adults (97%) say Medicaid is at least somewhat important for people in their local community, including about three in four (73%) who say it is “very important.” Large majorities across partisans say Medicaid is important to people in their local community – though Republicans are less likely to say it is “very important.”
@B9K5TRK4mos4MO
@B9HY8XG4mos4MO
@B9GJVS44mos4MO
@B98FFFC4mos4MO
@B8SSNSZ5mos5MO
@B8SLCP86mos6MO
@B8LQ4Q56mos6MO
@B8KW5BC6mos6MO
@B8KQ78J6mos6MO
For more context on why the rich should be taxed more is because they got their riches from successful businesses which will probably pump out more money annually, meaning that the rich are refusing to pay taxes for almost no reason, because they will probably be able to replace the money they gave for taxes, in a decent amount of time, and also probably make a little more before they have to pay taxes again.
@B8FXX6DLibertarian6mos6MO
@B8BKZJ66mos6MO
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