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For the first time in history, billionaires have a lower effective tax rate than working-class Americans. (lemmy.ml)
submitted 5 months ago by yogthos@lemmy.ml to c/usa@lemmy.ml
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https://www.nytimes.com/interactive/2024/05/03/opinion/global-billionaires-tax.html

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[-] jmiller@lemm.ee 15 points 5 months ago

This is misleading, billionaires have been paying effectively lower taxes for many many years. They just had to be more creative about it before now.

this post was submitted on 03 May 2024
67 points (97.2% liked)

United States | News & Politics

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