Re:How the Rich Reap Huge Tax Breaks From Private Nonprofits
by s1artibartfast on Sunday July 30, 2023 @11:24AM
(#36932147)
Especially if you consider GDP (adjusted for inflation) has grown over time as we..
If you compare to a benchmark like the 1940s, tax% of GDP has more than doubled, and GDP has increased ~4x. This means someone today is paying about 10X the taxes (controlling for for inflation!)
If you compare to a benchmark like the 1940s, tax% of GDP has more than doubled, and GDP has increased ~4x. This means someone today is paying about 10X the taxes (controlling for for inflation!)