Article 5KG49 US billionaires don’t pay tax, and our politicians don’t seem bothered | Maureen Tkacik

US billionaires don’t pay tax, and our politicians don’t seem bothered | Maureen Tkacik

by
Maureen Tkacik
from on (#5KG49)

Fifteen years of tax information on thousands of plutocrats is one of the biggest stories of the decade. And yet ... crickets

American billionaires don't pay taxes, and American politicians are all but ready to send Seal Team Six to assassinate the nameless bureaucrat who let ProPublica in on this fact. Welcome to our political hellscape.

This month, ProPublica revealed that American billionaires essentially do not pay taxes, and within hours the White House had awkwardly promised no fewer than four federal investigations into the identity of the individual who had alerted the news organization to this fact.

Related: Petition urges Jeff Bezos to blast into space - and stay there

Every billionaire is an inherently public figure, whose fortunes are inextricable from the fabric of our daily lives

Maureen Tkacik is a senior fellow at the American Economic Liberties Project

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments