Re:Billionaires should face a minimum tax rate, report says
by eli on Monday October 23, 2023 @11:05AM
(#37986688)
Maybe if you only read the headline?
I find the article pretty clear, though brief and not very well written. The actual report it's discussing is crystal clear.
The situation is that the wealthy keep getting wealthier without generating any taxable income. Obviously a minimum income tax rate could not possibly solve this problem unless we also redefine income.
I find the article pretty clear, though brief and not very well written. The actual report it's discussing is crystal clear.
The situation is that the wealthy keep getting wealthier without generating any taxable income. Obviously a minimum income tax rate could not possibly solve this problem unless we also redefine income.