“Populist” Conservatives Rush to the Defense of Megarich Tax Dodgers ...Middle East

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“Populist” Conservatives Rush to the Defense of Megarich Tax Dodgers
The scandal at the center of the damning ProPublica investigation into the tax avoidance habits of the 25 richest Americans is so obvious it almost doesn’t need to be restated: “According to Forbes, those 25 people saw their worth rise a collective $401 billion from 2014 to 2018,” the authors of the story, which was based on a sizable cache of leaked IRS materials, write. “They paid a total of $13.6 billion in federal income taxes in those five years, the IRS data shows. That’s a staggering sum, but it amounts to a true tax rate of only 3.4 percent.” The reporters then describe the extraordinary lengths that figures like Warren Buffett, Jeff Bezos, Mark Zuckerberg, Elon Musk, and Bill Gates

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