USPolitics
Welcome to USPolitics—the Circle for videos all about politics in the United States. From breaking news moments and key speeches, to analysis, debate, and sharp opinion takes, this is where you decode, discuss, and react to American politics as it happens. Whether you’re catching up on the latest headline, providing a breakdown of a policy move, sharing a hot take on campaign drama, or reacting to a classic moment in US political history, bring your news, commentary, and conversation here.
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61 Comments
For the most recent tax year (2022, filed in 2023), here's how it breaks down: The top 1% of earners (AGI ≥ $663,000) paid 40.4% of all federal individual income taxes. The top 5% (AGI ≥ $261,600) paid 61.0%, meaning the next 4% collectively paid around 20.6% (61 – 40.4).
Ending welfare would raise more$$
Property taxes shouldn't exist...private ownership of property is a bedrock of this country but do you really own it if the government can put a tax lean on it in forever?
Magats and math.🤣😂🤣😂🤣😂🤣
always easy for libs to spend other people's money
must have missed the equality part of America. just because someone made a million dollars, doesn't mean they owe it to a stranger that bashes their name consistently. your in a free country, go be as good as them and make your own dam money little kid. . .
ya and DS would give it to illegals
this guy seems to have all the solutions but really does nothing to help. if he really wanted to make a change. he should go and make a ton of money and give it to the government he sure likes to tell others what they should do but he won't do it himself
You’re wrong again. Los Angeles has a mansion tax and it was projected to raise $672 million annually but only collected just over $215 million. Measure ULA imposed a 4 percent tax on sales over $5 million and a 5.5 percent tax on sales over $10 million.
Only if the money actually went to that. Do you know how much money we already put into taxes? Do you know how much has been found to be waste, fraud, and abuse? Probably not if you think you're some kind of genius for coming up with something that a million people have already thought about. There's a reason they haven't done it already, the millionaires and billionaires will move away where the tax is lax.
not even close to factual
lol the "ULTRA RICH" worked their asses off (maybe not physically, but lost sleep thinking of ways to improve their businesses/ lives/ livelihoods of others). they deserve to earn more because the ones working for them are not incurring the risks they do. (this is coming from an employee like the rest of us who has some decent common fucking sense) #unpoliticallycorrect !
failed math miserably didn't you.
please be our next president run in the election 🙏 you would win
just get a job and pull yourself up by your bootstraps
and how much can we expect from you?
and then u build this housing give it to them free and watch them destroy and tear everything up n turn it into a homeless camp
Lol the government would squander the additional revenue like they always do
typical liberal doesn't want to work for anything just wants a handout
what a loser
money is not the problem for homelessness.. it's a mental health/ drug problem.. look at California and New York.. they spend the most per capita on the homeless and have the most homeless.
yeah, cause the government has proven that throwing money at a problem makes it better.
GAY
the homeless crisis won't end unless we open asylums again and get these people off of drugs. No one is homeless by coincidence. it was a choice. The veterans need homes but the Democrats and Liberals are too busy sucking off illegals to help anyone else.
You need to redo your math!😆😆😆
these are so stupid
But the democrats never changed the tax laws, they've been in power forever. Trump even told Killery that.
You're asking for rich congressmen/women to pass a tax on themselves???? We'd ALL LOVE to see that!!!!😲
I agree
Cry harder 🤔
Typical liberal. Finding ways to spend other people’s money.
the liberals need to think it through if they do that and the rich leave the government will want to keep the taxes flowing and the rest of us will have to pick up that loss and pay it
so the poor should just do nothing and accept free money? get to work. better yourself.
an the definition of a mansion is ??? u fix the homeless situation now u must feed them,give em health care,BUT THEY STILL WONT GET A JOB,just like the illegals
how they gonna pay bills...you know electric, water etc...