How the taxes on the wealthy have fallen over the past 70 years (USA)

submitted by magnora7 from (giant.gfycat.com)

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[–]Justin 5 insightful - 2 fun5 insightful - 1 fun6 insightful - 2 fun -  (4 children)

Damn, us poor bastards in the lower brackets got shafted.

[–]magnora7[S] 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (3 children)

And the very top is getting away with outright theft compared to everyone else. Not only do we not have a progressive taxation system, we don't even have a flat tax, we have a regressive tax system! No one would design the system this way except the hyper-rich

[–][deleted]  (2 children)

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    [–]magnora7[S] 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (1 child)

    The people who pay the lowest tax rate are the hyper-wealthy, because they can hire tax lawyers to find loopholes. Warren Buffet famously remarked he pays less on taxes than his secretary.