Who pays the lowest taxes in the US?

Fortunately or unfortunately the government spends $$$ and not %%%. So a billionaire paying a smaller percentage still might pay in a day in actual $$ tax more than a poor person can pay in a lifetime. Also none of the billionaires use any of the public services that taxes pay for... in our society it still seems that you're punished if you're successful

you forgot that generally rich are avoiding income taxes entirely writing it off as a business expenses and other stuff like live trust funds where your dependants inherit stuff tax free. etc

This video was brought to you by someone wealthy

Now include the percentage of social classes involved in Tax Evasion and Fraud. We will see a trendline aswell Moving upwards the closer you approach the wealthy.

They don’t pay into social security because they don’t get social security

You guys conviently left out AMT 😑

Bro, % of billions is way more than a few hundred thousand.

Can we get rid of payroll taxes? It is such a ponzi scheme

I make just 130k a year 😢

How tf do get my taxes down to 30%

This is such a twisted and manipulated video lol

Leave the middle class alone and tax the rich-who needs 100’s of billions. Put the money back into the economy

this is totally unfair...
we in europe have progressive taxation so rich pay more

Looking at this, the most straightforward way to correct this bracket is to uncap payroll taxes. This could allow sales taxes to be reduced as a result of the additional government income.

Honestly anyone making under $50k/year shouldn’t pay tax at all. That’s barely enough to get by now. Every dollar you make over $1,000,000 should be taxed at 50%. Also this doesn’t take into consideration all the tax breaks that only the rich can use. Owning “rental” property allows you to get a depreciation tax break and if you own millions of dollars in real estate, you can deduct a good chunk of your property. Yet your property doesn’t depreciate, it actually appreciates.

It's working as intended.

You conveniently left out the distribution of government transfers and services. The bottom 50% in the U.S. actually has an effective negative tax rate if you take this into account in the data I have seen. I guess I don’t know what I expected from vox.

People still saying the middle class and the poor are not paying their fair share... meanwhile in reality it's the billionaires who aren't paying their fair share.

And I always wonder why greed is the biggest of the seven sins.

Answer: Politicians

This is such a bad video. People at the bottom are paid minimum wage. They will be paid minimum wage even if the government removed company's share of payroll taxes. Adding that 7.3% to the employee's tax liability is idiotic. This entire video is just class warfare.