jonny5
DP Veteran
- Joined
- Mar 4, 2012
- Messages
- 27,581
- Reaction score
- 4,664
- Location
- Republic of Florida
- Gender
- Male
- Political Leaning
- Libertarian
Wealth and income are not the same thing. A person can have an income of 20k a year and -10k wealth.
But they dont according to IRS. As a group the bottom 50% earn 1.5 trillion in wealth every year. Yet they only pay 50bn in income tax. Thats far too little to fund this massive govt. Especially when they are the direct recipients of most of the spending.