Path: news.eternal-september.org!eternal-september.org!.POSTED!not-for-mail
From: Frank Krygowski <frkrygow@sbcglobal.net>
Newsgroups: rec.bicycles.tech
Subject: Re: Job Offer
Date: Fri, 21 Mar 2025 21:19:42 -0400
Organization: A noiseless patient Spider
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On 3/21/2025 7:19 PM, Shadow wrote:
> On Fri, 21 Mar 2025 17:51:08 -0500, AMuzi <am@yellowjersey.org> wrote:
>>
>> We have among the most steeply sloped income tax curves on
>> earth now.
>>
>> https://taxfoundation.org/data/all/federal/latest-federal-income-tax-data-2024/
>>
>> For example, the much decried "top one percent" comprise
>> 26.3% of income and 45.8% of taxes paid.
> 
> 	They just pass the taxes on to the consumer. It's the "trickle
> up" effect invented I believe by a Mr Reagan.
> 	I can't believe you think someone like Bill Gates pays the
> taxes. He just adds it to the price of Windows, office, price of
> user's private data etc. On paper he's the "good tax payer". And even
> then the tax he "pays" is probably deductible....
> 	Bill Gates said once it's immoral how little tax the really
> rich pay, himself included.

Warren Buffet makes similar statements. And those guys should know.


-- 
- Frank Krygowski