Tax Cheats

President Biden’s big plans for America rest in part on his plans to pay for them by raising taxes on the rich. He wants the top marginal rate restored to 39.6%. He wants households making more than $1 million a year to pay the same rates on capital gains as regular people pay on income […]
The post Nobody Dodges Taxes Like the Super-Rich first appeared on Dissident Voice.

Over 30 years ago, a real estate bigwig in Manhattan (no, not him) was convicted of tax evasion. Her name was Leona Helmsley, the famous Queen of Mean. Even more famous, lasting approximately forever, were six words she let slip: “Only the little people pay taxes.” The words are far from true—the big people have […]
The post When the Rich Don’t Pay, the Rest of Us Do first appeared on Dissident Voice.