But a report released by Americans for Tax Fairness (ATF) on Thursday shows how “billionaire nepo babies” don’t just waste their families’ fortunes. They also benefit from “a rigged system” that allows them to “pass that wealth down over generations without being properly taxed–often without being taxed at all.”
I’ve heard of the stepped up basis and “buy borrow die” before. Pretty fucked up
Maybe more of them should visit Manhattan, if you follow.
Let’s keep beating this corpse shall we? We all know. Apparently the only path that garners change is Luigi’s.
Luigi is the inevitable end result. It’s what happens everywhere. Unions and negotiations are pretty strong in Europa because the alternative was workers burning the factory and the boss’s home down with the boss and their family still in there.
Or the nation turns into a complete police state and things get suppressed for a long time to get even more violent somewhere down the line.
It’s the bass line of history.
Except we don’t all know. Trump, the poster child for nepo babies, won the popular vote.
Yeah and he is pissed his massive propaganda machine still barely won him that in reality. Only Sith deal in absolutes.
A public good is a commodity or service that every member of a society can use without reducing its availability to all others. Typically, a public good is provided by a government and funded through taxes.
Examples of a public good include a town road, park, or school. National defense is a public good. A public good may also be a basic need such as access to clean air and drinking water.
I already was blaming them for everything.
The average American will earn between 1 and 2 million dollars in their lifetime. That means if we tax billionaires based on net worth a measly 0.5%. The revenue coming from Bezos alone would be enough to support 500 Americans for a lifetime.