Inequality, Greed, and Deception
News Item: In 2018, the top 400 earners for the first time paid a lower effective overall tax rate than working-class Americans.
I remember when a couple of years ago Warren Buffet, one of the world’s richest of the rich, commented that his secretary was taxed at a higher effective rate than he was. What an odd fact. Doesn’t seem right, does it? That was the last I heard about this from Buffet. He strikes me as an honorable man, but he hasn’t become a crusader for a more progressive tax structure.
One the many sad things competing for the saddest thing about our present situation is that Republican propaganda has duped so many low-income workers into imagining that Republicans are their champions, protecting them from the “tax and spend” Democrats.