'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.
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LOL this isn't going to last much longer. It's like comedy at this point, what a trend. The system will break before they're taxed appropriately.
Doubtful
So what do you see changing any time in the near future regarding this issue?
It will be a tug of war between the right and the left, leaning slightly right on economic issues pretty much forever.
America is basically run by large corporations. I don't see them just willingly changing course. We will get small wins here and there, but nothing drastic for a long time.
Edit - the spice must flow
AI and robotics are here, more people are seeing their futures stolen. If by "pretty much forever" you mean "about 5-10 years" then I agree. I said the system will break, I didn't say I see them changing course.
Capitalism naturally declines over time, that's why America and other developed countries have expanded internationally via Imperialism in order to super-exploit the third world for super-profits. Capitalism cannot last forever, eventually third world countries will shake off US influence and the empire will crumble.