I’m looking for serious answers to understand the mentality. Please avoid the snark. I know it’s low hanging and tempting but I’m pretty sure most, if not all, of use here on Lemmy “get it”.
I just can’t get out of my head how absurd it is that we, in the U.S. anyway, put so much of the tax burden on working class folks instead of those most benefiting from our economic system.
It seems to me the standard deduction should be at least the median personal income (~$40k) if not the mean(~$60k) with progressive tax brackets adjusted to cover costs thereafter and possibly a supplemental wealth tax.
But I’m not an economist so trying to understand why I’m wildly wrong and this would be a terrible idea either from an economic perspective or from a political perspective.
Don’t be fooled, taxes are just a way to extract the fruit of the poor folks’ labor and give it to the rich and powerful. Always have been, since their inception. Not just in America, here in the (highly idealized by lemmy) EU I cost my company 3200€ a month, 1850€ go to my bank account and 1350€ to the government, plus up to a 21% vat from the things I purchase. Amazon pays literally 0€ in taxes.