theHRguy@lemmy.world to

Late Stage Capitalism@lemmy.world · 3 months ago

Study: Billionaires Paid 91% Tax Rate in 1960, Now they pay 0%

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Study: Billionaires Paid 91% Tax Rate in 1960, Now they pay 0%

theHRguy@lemmy.world to

Late Stage Capitalism@lemmy.world · 3 months ago

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New Study: Billionaires Payed 91% Tax Rate in 1960, Now they pay 0%

The billionaire tax rate has dropped near zero since 1960, and this is due to a number of factors, including tax cuts, tax loopholes, and…

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ryannathans@aussie.zone
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3 months ago
There are no tax loopholes.

There are carefully considered tax cutouts.

Late Stage Capitalism@lemmy.world

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