Meanwhile the ultra rich are getting ultra richer and the rest is getting poorer.
So lets globally coordinated tax the rich for a while in a way that they can not evade their net wealth to some other country and lets see how well that works.
Meanwhile the ultra rich are getting ultra richer and the rest is getting poorer.
So lets globally coordinated tax the rich for a while in a way that they can not evade their net wealth to some other country and lets see how well that works.
Do you have more info on this? The middle class literally paid less in taxes due to Trump's cuts[1]. The rates were lowered across the board and the standard deduction (negligible to the 1%, a huge chunk of change to the middle class) was increased.
[1] https://www.bloomberg.com/news/articles/2020-10-27/the-trump...
https://www.americanprogress.org/issues/economy/news/2019/09...
https://www.rollingstone.com/politics/politics-features/trum...
https://www.salon.com/2020/12/27/50-year-study-of-tax-cuts-o...
https://www.motherjones.com/politics/2020/06/trumps-tax-cuts...
What is important is how much a person is paying as a function of how rich they are. Rich people get to pay way less and it's not fair. They can get around tax laws because their cash flows don't look like the average citizen's tax flows.