politics @lemmy.world · 10 months ago

Billionaires Rage About Biden’s New Tax Proposals

www.thedailybeast.com

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Billionaires Rage About Biden’s New Tax Proposals

www.thedailybeast.com

return2ozma@lemmy.world to

politics @lemmy.world · 10 months ago

157

Even billionaires who voted for Biden are furious they’re being singled out “because of how much they have.”

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frezik@midwest.social
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10 months ago
The US has a similar graduated system (32% for incomes over $192k for single fillers, plus whatever your state income tax is), but billionaires have access to a lot of loopholes that prevent their wealth from being counted that way.

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