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- cross-posted to:
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For the first time in the history of the United States, billionaires had a lower effective tax rate than working-class Americans.
For the first time in the history of the United States, billionaires had a lower effective tax rate than working-class Americans.
did I read the article right?
in the EU - everyone but the billionaires pay 50% total tax; but then THEIR billionaires also drop to the 25%-ish range?
so… it’s even WORSE disparity in EU?
Depends on where in the EU: