'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.
!['Absurd!': US Billionaires Pay Lower Tax Rate Than Working Class for First Time | Common Dreams](https://lemmy.world/pictrs/image/ad467aea-98b6-4bcd-a6bc-c2e5d11cc16e.jpeg?format=webp&thumbnail=256)
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for the first time
Nobody ask about the long-term capital gains rate going back to Ronald Reagan's '83 reform.
28 0 ReplyNot 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
5 0 ReplyI 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?
2 0 ReplyNot really. Other forms of taxation significantly differ, whereas capital gains are taxed based on how much you made, like income.
1 0 Reply