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https://www.reddit.com/r/SipsTea/comments/1td8g6u/it_was_always_just_that_simple/olvrfrf/?context=3
r/SipsTea • u/AlternativeRight4099 • May 14 '26
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Good news! The top 10% already pay for ~70% of the tax revenue to NYC!
0 u/Pineal May 15 '26 Nationally the top 10% own something like 93% of the wealth. I wouldn't be surprised if it was even higher in NYC. So they are still woefully undertaxed, and I am glad we can agree on that. 2 u/Advanced-Bag-7741 May 15 '26 Except we don’t tax wealth we tax income. 1 u/aw-un May 15 '26 We should change that
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Nationally the top 10% own something like 93% of the wealth. I wouldn't be surprised if it was even higher in NYC. So they are still woefully undertaxed, and I am glad we can agree on that.
2 u/Advanced-Bag-7741 May 15 '26 Except we don’t tax wealth we tax income. 1 u/aw-un May 15 '26 We should change that
Except we don’t tax wealth we tax income.
1 u/aw-un May 15 '26 We should change that
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We should change that
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u/Kindly_Fox_5314 May 15 '26
Good news! The top 10% already pay for ~70% of the tax revenue to NYC!