Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
In reply to the discussion: Essential reading: Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax [View all]Goodheart
(5,760 posts)47. There was some consternation this morning about the privacy of those billionaires being violated
Consternation on the Michael Smerconish show, that is, including by Smerconish himself who agreed that the tax situation is outrageous, but that if the cost of exposing such outrageousness violates their privacy then it should not have been exposed.
To which I say BUNK.
Somebody explain to me why extreme incomes and wealth should be secrets? These people control our lives, they run the world, and we all know they're filthy rich, anyway. Why should it be a secret how much taxes they've paid? I think we're entitled to know, and the kicker is that there are thousands of people inside a certain government agency who DO know. It's not like this is a matter of national security.... or is it?
Edit history
Please sign in to view edit histories.
Recommendations
0 members have recommended this reply (displayed in chronological order):
50 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
Essential reading: Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax [View all]
SoonerPride
Jun 2021
OP
Wonder how much capital gains tax was paid by the millions selling shares in Amazon? Lots, and with
Hoyt
Jun 2021
#2
Looks like they're using the Wealth Growth column as an indicator of True Tax Rate.
Pinback
Jun 2021
#25
It's a news article, not an "advertisement." BTW, Elizabeth Warren's proposal would have zero effect
Pinback
Jun 2021
#27
going on for years , and they still keep screaming ,"my taxes are too high",
AllaN01Bear
Jun 2021
#5
True. But the fundamental issue remains that that's only possible BECAUSE...
thesquanderer
Jun 2021
#28
That is a big part of it - section headed Buy, Borrow, Die: How America's Ultrawealthy Stay That Way
muriel_volestrangler
Jun 2021
#38
You're relying on house prices increasing, or at the least staying steady, with that strategy
muriel_volestrangler
Jun 2021
#48
Question: who here demanded that President Obama and the Democratic Congress address this?
brooklynite
Jun 2021
#31
The GOP's sole mission is to keep these fuckers free from paying their fair share
Blue Owl
Jun 2021
#32