- Fair would be if we took the total cost of government, divided it by the number of adult able bodied citizens. And each adult then paid their fair share of the bill. (ie Dues concept)
- Fair would be if total cost of government was divided by the total income of every adult able bodied citizen. And each citizen paid their fair share of the bill. (ie Percent of Winnings to the House Concept)
- Fair would be if total cost of government was divided by the total income - some base living cost (~$25,000?) of every adult able bodied citizen. And each citizen paid their fair share of the bill for every $ they make above the base living. (ie Percent of Winnings above Base Cost to the House Concept)
- Fair would be if taxes and credits/programs were set to reduce the net income and wealth gap between the adult able bodied citizens. This means high income and wealthy people pay significantly higher rates than other citizens in attempt to attain a fair society.(ie Equalization concept)
"You inferred that people earning minimum wage were not paying income taxes. I corrected the statement. You then changed the claim to "they get more back than they pay in." They are still paying in." JonathanWe know the MN Tax Incidence Study ignores the fact that the bottom 20% of citizens get far more cash back in credits, medicaid, welfare, housing assistance, heating assistance, etc than they pay in to the government. Yet the Study propogates the myth that these groups are "over taxed".
"I am not sure having monies withheld is the same as paying taxes.
If people have $1,000 withheld and and get a $5,000 refund back in child, work and/or learning tax credits at time of filing their taxes. I would say that they paid no income taxes.
It is an interesting concept, though somewhat pointless. The reality is that these low income folks are likely getting more back from the progressive taxes than they paid in "sales" and other regressive taxes. And if you throw in cash subsidies like welfare, housing assistance, etc, many of them are making money via government policy.
Yet this silly tax incidence study avoids addressing this reality." G2A