this post was submitted on 03 May 2024
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United States | News & Politics

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For the first time in history, billionaires have a lower effective tax rate than working-class Americans. (lemmy.ml)
submitted 1 year 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 1 year 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.