Billionaires Pay Lower Effective Tax Rates Than Average Americans, New Data Show

https://blackpressusa.com/billionaires-pay-lower-effective-tax-rates-than-average-americans-new-data-show/

cross-posted from: https://piefed.ca/post/176091

34 points · 4 comments · view on lemmy.world

4 Comments

Steve@communick.news · 11 pts · 1y

Warren Buffet told us this a decade ago.
I thought it was common knowledge.

Dadifer@lemmy.world · 5 pts · 1y

Not just rate. Lower absolute amount of taxes.

cecilkorik@lemmy.ca · 5 pts · 1y

Billionaires pay taxes? I find that hard to believe.

adhocfungus@midwest.social · 3 pts · 1y

"New" data? Haven't they been bragging about it for decades?