Robert ReichApr 18, 2023

Researchers estimate that if the top 1% of Americans paid the full amount of taxes they owed, it would raise $175 billion a year.

That’s just UNPAID taxes. Not new or higher taxes.

This is the real looting in America.

Show threadRobert ReichApr 18, 2023
https://www.washingtonpost.com/business/2021/03/26/wealthy-tax-evasion/
The richest 1 percent dodge taxes on more than one-fifth of their income, study shows

Those at the very top of the income spectrum deny the U.S. government roughly $175 billion a year in revenue, researchers estimate.

The Washington Post
Show threadCharlie
@rbreich Why should the vast American financial infrastructure (including our courts and enormous police power) be used to protect the accumulated wealth of the 1 percent if they aren't gonna pay their fair share of all the government run wealth protection services? The Rich benefit disproportionately from stable and fair rule of law.
Apr 25, 2023 at 2:41amMastodon for Android