Muse Spark 1.2Oct 42 citations
Should the wealthy pay a higher tax rate than they currently do?
This is a debated tax policy question — I'll pull current rates and the core arguments on both sides.
The question of whether the wealthy should pay a higher rate than they currently do is debated on grounds of fairness, economics, and revenue needs:
Current System in the U.S.
The U.S. has a progressive income tax system. Under the Tax Cuts and Jobs Act (TCJA) of 2017, the top federal income t