You will discover that the numbers are reported correctly.
> A worker's salary is taxed at a high rate like up to 40%
The bottom 50% are taxed at 3.35% of income. That's the IRS' number, not something "meticulously crafted by a right-wing think tank". Or completely made up.
> their unrealized gains don't get taxed at all.
Good. It would be an absolute disaster to tax unrealized gains because, well: they're unrealized. I'm sure the numerous serious problems with doing that will occur to anyone thinking about the question honestly for a little while. The most obvious would be the total destruction of what social mobility we do have.
> a wealthy [sic] person's gains from assets are taxed at a much lower rate like 15%
This is insufficiently general. Anyone's gains from assets are taxed at a 15% rate for long-term gains. 60% of American families are homeowners, so it isn't correct to gloss receiving capital gains as exclusively the province of the wealthy.
As I said before, I support progressive taxation, and a higher rate for people who own (not earn) in the top 0.1%, say 20%, is something I would support.
But 15% is 4.5x of 3.35%, so in no world are the very wealthy paying a lower rate of tax than workers. It just isn't true. Therefore, if the OG poster got their wish, the 'capitalists' would pay much less tax, and the workers would pay a great deal more.
You will discover that the numbers are reported correctly.
> A worker's salary is taxed at a high rate like up to 40%
The bottom 50% are taxed at 3.35% of income. That's the IRS' number, not something "meticulously crafted by a right-wing think tank". Or completely made up.
> their unrealized gains don't get taxed at all.
Good. It would be an absolute disaster to tax unrealized gains because, well: they're unrealized. I'm sure the numerous serious problems with doing that will occur to anyone thinking about the question honestly for a little while. The most obvious would be the total destruction of what social mobility we do have.
> a wealthy [sic] person's gains from assets are taxed at a much lower rate like 15%
This is insufficiently general. Anyone's gains from assets are taxed at a 15% rate for long-term gains. 60% of American families are homeowners, so it isn't correct to gloss receiving capital gains as exclusively the province of the wealthy.
As I said before, I support progressive taxation, and a higher rate for people who own (not earn) in the top 0.1%, say 20%, is something I would support.
But 15% is 4.5x of 3.35%, so in no world are the very wealthy paying a lower rate of tax than workers. It just isn't true. Therefore, if the OG poster got their wish, the 'capitalists' would pay much less tax, and the workers would pay a great deal more.