'Absurd!': US Billionaires Pay Lower Tax Rate Than Working Class for First Time
'Absurd!': US Billionaires Pay Lower Tax Rate Than Working Class for First Time
"It's time to tax the billionaires," economist Gabriel Zucman argues in a new analysis.
You're viewing a single thread.
for the first time
Nobody ask about the long-term capital gains rate going back to Ronald Reagan's '83 reform.
Not 100% sure but I imagine they’d count capital gains in the analysis. The full read in The NY Times was interesting but behind a paywall
I imagine they’d count capital gains in the analysis
https://lemmy.blahaj.zone/comment/8544719
The NYTimes analysis is just about income taxes
Aren't you contradicting yourself here?
Not really. Other forms of taxation significantly differ, whereas capital gains are taxed based on how much you made, like income.