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2d ago

America's billionaires pay lower tax rates than you do, study finds

www.cbsnews.com

Billionaires pay a lower tax rate than the rest of America's taxpayers, new study finds

cross-posted from: https://lemmings.world/post/32948660

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2d ago

America's billionaires pay lower tax rates than you do, study finds

www.cbsnews.com /news/income-taxes-billionaire-tax-rate-irs/

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2d ago

America's billionaires pay lower tax rates than you do, study finds

www.cbsnews.com /news/income-taxes-billionaire-tax-rate-irs/

23 comments

The US Reich gutted the IRS, why would anyone pay taxes now?
i pay 21% on average, but i am a tax expert.
It’s extra fun to contemplate the fact that billionaires also do not work.
- In fact. Us poors will make more money for people that are already wealthy than we will ever for ourselves.
This is literally the entire proposal of Trickle-Down Reganomics we adopted in the 80s. It's not some unintended end result, it's the conscious decision that was made.
News just in, bear shits in woods.
- Not for much longer.
  Won't be too many bears left...
And that's news?
I'm old enough to remember spotting Michael Jackson's first album in an obscure record store in SF and wondering if this guy was any good, and I've always knows rich people pay less taxes than working stiffs. In fact, I'm almost certain that's where the idiom to get stiffed comes from.
I also don't remember a time when I haven't thought the next time I come across a rich prick, if he's enough of a prick, I might just slit his throat for the sheer satisfaction of doing it.
- i swear these headlines and supposed "studies" are getting dumber and dumber.
  
  To be fair, the research paper wasn't asking "who pays less", it was asking "what are the exact amounts paid". The news headline then had to dumb it down to "billionaires pay less".
And water is wet.
time to collectively stop paying taxes
- you're still paying taxes?
  
  lol na i’m act 20/22 in puerto rico
No shit
Um, it's unfair that I have to pay a capital gains tax at all, sweetie.
- Why? You didn't do any work to get that capital gain, you just bet on the right horse in the market. A $5k capital gain is just like winning $5k at the track, and should be taxed the same way.
  
  You didn’t do any work to get that capital gain
  Exactly! If I didn't do any work, I shouldn't pay any tax. It's simple, really.
  A $5k capital gain is just like winning $5k at the track
  As an avid gambler, I don't think gambling should be taxed either.
- Disagree. If you earn $1 a year I think you should be paying something in taxes, possibly getting it back (less interest), but you should have skin in the game.
- It's for private equity, Sweetie. NEXT!

23 comments