Ultra Rich People EXPOSED In Jaw-Dropping Tax Imbalance Scheme
January 14, 2024
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5:26Trump Makes A Complete Fool Of Himself With RIDICULOUS Response On Stage
5:38Now PlayingUltra Rich People EXPOSED In Jaw-Dropping Tax Imbalance Scheme
YouTube Description
as posted by the channelIn almost all 50 states in the U.S., the richest 1% are found to be paying lower tax rates than any other income group. John Iadarola and Sharon Reed break it down on The Damage Report.
Read more here:
In 41 US States, Richest 1% Pay Lower Tax Rates Than Everyone Else
"Nearly every state and local tax system in the U.S. is fueling the nation's inequality crisis by forcing lower- and middle-class families to contribute a larger share of their incomes than their rich counterparts, according to a new study published Tuesday.
Titled Who Pays?, the analysis by the Institute on Taxation and Economic Policy (ITEP) examines in detail the tax systems of all 50 U.S. states, including the rates paid by different income segments.
In 41 states, ITEP found, the richest 1% are taxed at a lower rate than any other income group. Forty-six states tax the top 1% at a lower rate than middle-income families."
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