IRS records reveal how the wealthiest avoid income tax

Re:IRS records reveal how the wealthiest avoid income tax by wing-_-nuts on Tuesday June 08, 2021 @03:00PM (#27439360)

Billionaires are largely majority shareholders in corporations. I'd say that's a fine place to look. Maybe the IRS can look at the assets of anyone who's suspected to be worth 750M or more. Again, as I said, you could fund better enforcement of this by funding an IRS task force who's job it is to find and tax them. I can't believe something so simple as 'billionaires should pay more than 23% (or whatever it is) taxes are controversial, but here we are.

I especially love how the Koch brothers effectively funded an astroturf campaign that hijacked the republican party, to get blue collar folks to argue against taxes on the 1%. That is some rich irony.

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Re:IRS records reveal how the wealthiest avoid income tax by dexterdog on Tuesday June 08, 2021 @03:44PM (#27439852)

Nobody is saying they shouldn't pay taxes. People are saying they shouldn't be taxed on their wealth partially because anybody with an inkling of historic knowledge knows that a wealth tax will be coming to the masses shortly thereafter. Taxes are already far too complicated.

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