Eugene Puryear of BreakThrough News explains how the structure of taxation in the US helps the ultra-rich who end up paying far less than they can and should due to a variety of loopholes. He explains how the taxation system, despite being progressive in theory, does not place a huge burden on the rich. He also talks about how state income taxes contribute this to this trend.
How the tax system in the US benefits the rich and burdens the working class
Eugene Puryear of BreakThrough News explains how the structure of taxation in the US helps the ultra-rich who end up paying far less than they can and should due to a variety of loopholes