silence7@slrpnk.net to News@lemmy.worldEnglish · 2 days agoHow the Richest People in America Avoid Paying Taxes | A clever new paper puts concrete numbers to the taxes paid by members of the Forbes 400.www.theatlantic.comexternal-linkmessage-square11linkfedilinkarrow-up1219arrow-down12
arrow-up1217arrow-down1external-linkHow the Richest People in America Avoid Paying Taxes | A clever new paper puts concrete numbers to the taxes paid by members of the Forbes 400.www.theatlantic.comsilence7@slrpnk.net to News@lemmy.worldEnglish · 2 days agomessage-square11linkfedilink
minus-squaresilence7@slrpnk.netOPlinkfedilinkarrow-up2·2 days agoWhich is exactly the problem. The billionaires have access to loopholes that the rest of us don’t, and dont pay social security tax on any meaningful part of their income. So they pay an appreciably lower effective tax rate than the middle class
Which is exactly the problem. The billionaires have access to loopholes that the rest of us don’t, and dont pay social security tax on any meaningful part of their income. So they pay an appreciably lower effective tax rate than the middle class