> Every so often, someone making 2 or 3 times the national average income makes an ass of themselves on TV by claiming they're economically disadvantaged.
Someone making 3X the US national median income is paying roughly the US national median income in federal/state/local taxes. They're paying a median working citizens' earnings in taxes.
How would you feel if someone taxed you an absolute amount that would leave 50% of your countrymen penniless? And they denied you tax breaks, like the child credit, that they grant themselves? And then that same 50% vilified you to boot?
Nobody said "not fine". You mentioned "economically disadvantaged". Such a person person literally is disadvantaged in some economic ways. Not all. Not most. But some.
You asked how I would feel. That's the answer to that: I'd be fine.
And as I'd be on 3x average pay, the only way a tax break could possibly be large enough to make me not better off economically was if average people get so many their tax rate is negative.
Someone making 3X the US national median income is paying roughly the US national median income in federal/state/local taxes. They're paying a median working citizens' earnings in taxes.