Uncategorized Tax Breaks Underwrite the Enjoyment of our Richest Citizens 9 Dec 2021 Nonprofit ProPublica "has identified a special class of superrich taxpayers who amass tax deductions to such an extent that they can avoid income taxes for years on end. Many of…
Uncategorized Quote: “For billionaires, the federal income tax — the pillar of the U.S. tax system — has become a voluntary tax.” 11 Jun 20219 Jun 2021 Gabriel Zucman, of the University of California, Berkeley: “For billionaires, the federal income tax — the pillar of the U.S. tax system — has become a voluntary tax.” The New…
Uncategorized U.S. tax cuts since 1997 10 Jun 20219 Jun 2021 Owen Zidar, a Princeton University economist: “It’s amazing how much we’ve cut taxes even since 1997 — on dividends, the estate tax threshold, capital gains and the top rate." The…