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Did you read the ProPublica article on how much the wealthy are taxed?

It's quite enlightening...and damning at the same time.

https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax
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DeWayfarer · 61-69, M
Didn't see it yet when a billionaire such as Bloomberg proposes taxes as this, something has got to be very wrong.

https://www.nytimes.com/2020/02/01/us/politics/michael-bloomberg-tax-plan.html

CBS had a little about Bloomberg.
wildbill83 · 36-40, M
easy, create a fake foundation/charity, claim it as a non-profit organization, then keep money in it like a bank... tax free...
Graylight · 46-50, F
They're same people who benefit from every dollar donated by an unwitting middle-class cult follower gratitude for making life better. 🙄
quitwhendone · 46-50, M
People get taxed on their income not their wealth.
Graylight · 46-50, F
[@955094,quitwhendone] Just as slippery an index though.

 
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