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re: CNN: The US would be better off with fewer billionaires
Posted on 2/25/20 at 7:35 am to East Coast Band
Posted on 2/25/20 at 7:35 am to East Coast Band
quote:
and, after the billionaire-backed GOP tax cuts, working-class Americans now pay higher tax rates than billionaires.
No, they don’t.
1
Posted on 2/25/20 at 7:44 am to UpToPar
quote:
and, after the billionaire-backed GOP tax cuts, working-class Americans now pay higher tax rates than billionaires.
No, they don’t.
This is one of those deals where they fudge some numbers around to make the "all in" effective tax rates look higher, but they blame income tax cuts specifically. It's ridiculous.
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