theHRguy@lemmy.world to

Late Stage Capitalism@lemmy.world · 6 days ago

Study: Billionaires Paid 91% Tax Rate in 1960, Now they pay 0%

9

320

Study: Billionaires Paid 91% Tax Rate in 1960, Now they pay 0%

theHRguy@lemmy.world to

Late Stage Capitalism@lemmy.world · 6 days ago

9

New Study: Billionaires Payed 91% Tax Rate in 1960, Now they pay 0%

The billionaire tax rate has dropped near zero since 1960, and this is due to a number of factors, including tax cuts, tax loopholes, and…

Chat

fodor@lemmy.zip
link
fedilink
arrow-up
2
arrow-down
2·
6 days ago
In other words, the headline is deceptive. A big no-no in journalism.

Late Stage Capitalism@lemmy.world

latestagecapitalism@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !latestagecapitalism@lemmy.world

A place for for news, discussion, memes, and links criticizing capitalism and advancing viewpoints that challenge liberal capitalist ideology. That means any support for any liberal capitalist political party (like the Democrats) is strictly prohibited.

A zero-tolerance policy for bigotry of any kind. Failure to respect this will result in a ban.

RULES:

1 Understand the left starts at anti-capitalism.

2 No Trolling

3 No capitalist apologia, anti-socialism, or liberalism, liberalism is in direct conflict with the left. Support for capitalism or for the parties or ideologies that uphold it are not welcome or tolerated.

4 No imperialism, conservatism, reactionism or Zionism, lessor evil rhetoric. Dismissing 3rd party votes or ‘wasted votes on 3rd party’ is lessor evil rhetoric.

5 No bigotry, no racism, sexism, antisemitism, homophobia, transphobia, ableism, or any type of prejudice.

6 Be civil in comments and no accusations of being a bot, ‘paid by Putin,’ Tankie, etc. This includes instance shaming.

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

285 users / day
2.66K users / week
4.79K users / month
4.99K users / 6 months
1 local subscriber
2.54K subscribers
188 Posts
1.39K Comments
Modlog