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news@hexbear.netEnglish · 6 months ago

For the first time in history, billionaires have a lower effective tax rate than working-class Americans.

cross-posted to:
usa@lemmy.ml

122

For the first time in history, billionaires have a lower effective tax rate than working-class Americans.

☆ Yσɠƚԋσʂ ☆@lemmy.ml to

news@hexbear.netEnglish · 6 months ago

cross-posted to:
usa@lemmy.ml

https://www.nytimes.com/interactive/2024/05/03/opinion/global-billionaires-tax.html

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Owl [he/him]@hexbear.net
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12·
6 months ago

50% effective tax rate

Return to tradition.
- emizeko [they/them]@hexbear.net
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  13·
  6 months ago
  if the graph went back another ten years it would have shown 90%
- Owl [he/him]@hexbear.net
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  6 months ago
  (I mean obviously that doesn’t fix capitalism, but it’d still be nice.)

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