economics, ethics, government

Should BILLIONAIRE$ pay less tax than YOU?

Someone in the American IRS leaked to Propublica:

  • Warren Buffett ~ 0.10% true tax rate
  • Jeff Bezos ~ 0.98% true tax rate
  • Michael Bloomberg ~ 01.30% true tax rate
  • Elon Musk ~ 3.27% true tax rate

What’s your true tax rate?

American politicians write complicated tax laws which result in loopholes used by the richest donors.

BUT — can it be fixed?

The best summary of the issue I’ve seen is the second podcast in this list.

We Need to Talk About Covid, Part 1 The Daily

It appears that the United States may be at a turning point in the pandemic. The contagiousness of the Omicron variant has many people resigned to the fact that they probably will be infected; this variant is, relative to its predecessors and in most cases, milder; and there is universal vaccine access for those old enough to receive a shot. So, The Times commissioned a poll of 4,400 Americans to discover how they are thinking about the pandemic and gauge how, and when, we might pivot to living with the virus. We explore the results of this poll — and the divides in opinion by age, vaccination status and politics. Guest: David Leonhardt, a senior writer for The New York Times.Want more from The Daily? For one big idea on the news each week from our team, subscribe to our newsletter. Background reading: The two Covid Americas: You can read David Leonhardt’s analysis of a poll about attitudes toward the pandemic here. For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.
  1. We Need to Talk About Covid, Part 1
  2. How Partying Could Be Boris Johnson’s Undoing
  3. Documenting a Death by Euthanasia
  4. The Sunday Read: ‘How Disgust Explains Everything’
  5. What the ‘Djokovic Affair’ Revealed About Australia

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