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And another thing.. Trumps tax cuts 49% benefit the top 5% of earners
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roarintiger1
Posted 5/3/2025 09:32 (#11212185 - in reply to #11212165)
Subject: RE: And another thing.. Trumps tax cuts 49% benefit the top 5% of earners


NW Ohio
DCH - 5/3/2025 09:18

Give or take 90% by top 10% and corporations

Top 1% taxable income is apx $787,000 today in the US.

For 35 years, I have broke down tax returns. Most farmers pay little to no federal tax snd very little SS/Medicare tax and they don’t know the difference either.

When looking at government payments, a bigger % of gross and net income comes from government payments— on the small and mid sized farms.



"Most farmers pay little to no federal tax and very little SS/Medicare tax and they don't know the difference either." Maybe those who can't raise a crop. Your last two sentences are completely false.
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