What a deceptively shitty chart. What the fuck am I looking at?
this post was submitted on 30 Oct 2024
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tax/eat the rich B)
I'm disabled and make less than $20k a year in SSDI. What's in it for me? Oh and fuck Trump regardless.
Wait. Who am I voting for based on this graph if I'm making 200k, and why?
This is purposely not clear.
What do you mean this is purposely not clear? Is interpolation so hard for folks?
If you make $200k, you're probably going to land somewhere between the $130k and $330k income levels, meaning your tax savings under Trump's proposed plan will be between $4k and $9k, likely roughly $6.5k. For Harris' proposed plan you'll be between $3k and $2k, likely close to $2.5k.
Yes, the amounts aren't linear, so it's hard to say exactly where you will land, but also these are proposed plans, so they're estimates to begin with. I wouldn't be adjusting my personal budgeting off of a wish list from two people who do not control tax laws.
It doesn't take a rocket scientist to understand from the chart that for most Americans (see, median household income $81k), Harris's tax proposal will net more savings on their annual income, while Trump's plan favors people in higher income brackets.
Trump's plan will increase the national deficit because everyone pays less in taxes. Harris' plan tries to be closer to revenue neutral by putting more of the tax burden on the top 1%.
Who you vote for is your decision, but the fact that we have a populous that can't understand fairly straightforward tables to help inform decision-making is part of the reason why we are so fucked.
Thank you for the straight answer. I'm financially illiterate.
Then your income will increase by a little over $2000.
Don't forget 2016 when Trump said he was going to cut taxes for all Americans and the plan Congress pushed through raised taxes on average by 4000 a year for middle and working class incomes. But the super rich got back millions and millions.
Yes. I do remember that.
Do you lack the ability to think of others when looking at the graph?
You couldn't have just spent that time explaining it rather than being snarky? This graph either says Donnie is raising my tax or my income will go up more.
Not everyone is always on top of their game and the smartest person on the Internet....
If everyone was voting what's best for them according to this graph, the election would be a blowout win for Harris.
Classic Game theory
"but one day I might be a millionaire."
"Not if you're paying more taxes than millionaires"
Wtf? Why am I benefiting most under Harris? Shouldn't that be the guys on the very bottom?
I mean, I'll take it, but...weird?
(also fuck Trump, he can eat dirty diapers)
It was a struggle between the middle class and the upper class. The upper class, once again, tricked the lower class into supporting them. The middle class has lost, and now its power will be dismantled as much as possible. The lower class, as usual, will not benefit much from either scenario. This is why their vote was easy to sway. They really didn’t have a horse in the race, but now the gap widens. I hate typing this out and it makes me feel gross, but this is what’s happening.
Wherever each candidate’s darkest green category lies is where the concentration of power that keeps them supported resides.
If the ultra rich pay a fair percentage, the tax burden falls for the rest of everyone.
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