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1. Aunche+(OP)[view] [source] 2024-02-14 21:53:41
The US has one of the most progressive tax rates of any nation. Not only do we not have a VAT, but also the top 10% pay over 70% of all income taxes. I don't think that it's a coincidence that the American government seems especially inefficient at spending money.

https://taxfoundation.org/data/all/federal/summary-latest-fe...

replies(1): >>theoss+v1
2. theoss+v1[view] [source] 2024-02-14 22:00:28
>>Aunche+(OP)
Income taxation is not a good proxy for all taxation. If you look at the effective taxation of some of the richest individuals in America, you'll see they pay far less than income tax percentages would lead you to believe [1].

[1]: https://www.propublica.org/article/the-secret-irs-files-trov...

replies(1): >>Aunche+b5
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3. Aunche+b5[view] [source] [discussion] 2024-02-14 22:20:52
>>theoss+v1
Sure, but that just makes it worse for high-salary earners (me and I suspect a lot of HN readers).
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