Seems a very discriminated against class needs protecting….
Those people who are only making $5 million or more of income they’re required to report might have to either figure out how to hide/shelter more of their income or actually pay taxes closer to the rates of the people who do the work to earn that income for them.
BooHoo!
There is no excuse for the media to claim those making millions perhaps having to pay (more closely) their fair share in taxes are deserving of a sob story. None.
Notice that each of these screen shots say “earning more that $5 million...”? Ok, the one from New Jersey doesn’t specify that.
Seems i recall something along the lines of “For unto whomsoever much is given, of him shall be much required: and to whom men have committed much, of him they will ask the more.“ ?
It’s long past time for the media to be held to account. Without that, society will fall apart.
Politicians spent the better part the last 40 years cutting taxes for the rich ... expecting wealth to “trickle down” to the rest of us (spoiler alert: it doesn't).
In order to reshape our economy and make it work for all of us, not just those who can self-fund their trips to space, we absolutely must Tax the Rich.
The super rich pay lower taxes than the poorest Americans. The United States has a regressive tax system in which the richest people actually pay lower effective tax rates across all levels of government than the poorest people in our country.
Polls show Americans don’t believe the rich pay their fair share, but Republicans keep lowering their taxes. Gallup polls as far back as 1992 have shown that the vast majority of Americans want to tax the rich more. Even then, Presidents Bush and Trump pushed through massive tax breaks for the wealthiest Americans.