Caleb Hammer schooled a guest on how taxes work in America, explaining that the U.S. has one of the most progressive tax systems.
Caleb: Question, what percent does the top 1% pay in federal income taxes?
Guest: None.
(Brief silence)
Caleb: Think it's about 40 to 50 percent? No, I think it's about... I believe it's about 35%. Then the top 10% pays 50 to 60%. Top 50% pays 99%. The bottom 50% of earners only pay 1%. Did you know we actually have the most progressive income tax system in the entire Western world? Did you know that?
Guest: I did not.
Caleb: Oh, we do. Of course you didn't know that. Why know anything before having an opinion? What the fuck is wrong with you?
@dobetterdnvr Tip of the ice berg. Denver modeled themselves after San Francisco for far too long and now they’re going to find out just the same way San Francisco did.