Opinion | It’s Time to Tax the Billionaires
www.nytimes.com
Billionaires are experts at avoiding taxes. By banding together, countries can make them pay up.

For the first time in the history of the United States, billionaires had a lower effective tax rate than working-class Americans.

  • blandfordforever@lemm.ee
    0·
    4 months ago

    Its even worse than that. I’m working class. With federal, state, FICA, sales tax, and property tax, I pay like 40% of my income to taxes.