416
Harris Plan Would Bring Tax Increases for Richest 1% and Cuts for the Bottom 99% | Common Dreams
(www.commondreams.org)
this post was submitted on 24 Oct 2024
416 points (99.3% liked)
politics
19090 readers
3975 users here now
Welcome to the discussion of US Politics!
Rules:
- Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.
Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.
Example:
- Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
- Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
- No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
- Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
- No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
That's all the rules!
Civic Links
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I agree, the top 5% would be individuals with incomes of 290k a year and higher.
Wtf 5 out of 100 people make 200k??
I need to immigrate asap.
Cancelled by all the money spent on private services that are public elsewhere. The grass isn't greener when you look at the big picture.
Sure... half the country also makes less than 75k a year. I guess it depends on what industry you're in.
Median income is 38k (edit: around 40k depending on source) in the US, not 75k
https://smartasset.com/data-studies/top-1-percent-income-2024
First sentence.
That's the household median income
https://datacommons.org/place/country/USA?utm_medium=explore&mprop=income&popt=Person&cpv=age,Years15Onwards&hl=en#
Oh wow, that is incredibly low.
Yeah, most of the entire country is a single missed paycheck/health emergency/household crisis away from absolute destitution.
The level of cognitive dissonance in those very same people demonizing & dehumanizing houselessness-related issues is forebodingly despicable — considering they're >this< close to being "one of them". 😶🤦🏼♂️😥
Wake the fuck up, fellow citizens. You're chattel to the rich. Pawns. Playthings.
But, we outnumber them by the billions. We. Are legion.
Engineering. But I just realized the cost of living is similarly insane XD
Well this is where mean vs median becomes important...
But what if I become a top-5%-er?
It's also important to note than depending on how we define "income", many of the richest have no "income" or a misleading small income (Zukerburg has, like, a 1$ salary or something) because they don't their money from a wage... they get it from returns on investment. This is also why income tax is a misguided policy goal a lot of the time. We need to tax the investment income of the rich, not their salary.