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FakeNoose

(38,493 posts)

4. The biggest scandal isn't how little tax they have to pay Uncle Sam

Reply to BumRushDaShow (Original post)

Wed Aug 27, 2025, 04:20 PM

Aug 27

... it's how they are able to shield their true income and true wealth so that they never have to TELL Uncle Sam how wealthy they really are. There are so many schemes for hiding the one-per-centers' wealth in America (and offshore too) that it's all a huge game to them.

Meanwhile the rest of us (or most of us anyway) live paycheck to paycheck and the tax was already taken out before we ever received the money.

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8 members have recommended this reply (displayed in chronological order):

Shipwack markodochartaigh Zackzzzz love_katz Prof. Toru Tanaka the nelm LovelyStuff Lonestarblue

24 replies

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Highlight:

Billionaires pay a lower tax rate than the rest of America's taxpayers, new study finds [View all] BumRushDaShow Aug 27 OP

"Going as planned" durablend Aug 27 #1

I'm guessing that they pay close to zero... LakeVermilion Aug 27 #2

And they pay a fraction of a fraction of the Social Security withholding percentage that everyone else pays. Scrivener7 Aug 27 #3

I'm amazed at how they fight to defend this... Shipwack Aug 27 #8

The biggest scandal isn't how little tax they have to pay Uncle Sam FakeNoose Aug 27 #4

And the wealthy are whining about their taxes! Poor babies with the best medical, homes, educations, etc Stargazer99 Aug 28 #24

I smell lawsuit. Disclosing ugly truth is now a felony. twodogsbarking Aug 27 #5

LOL ... old newz live love laugh Aug 27 #6

Big Surprise 🙄 Rebl2 Aug 27 #7

I just heard about another gift to the rich William Seger Aug 27 #9

I'm not rich SickOfTheOnePct Aug 27 #13

Yes, you could benefit some, but the point is, the tax burden is being shifted downward William Seger Aug 27 #14

When ever he talks about BBB he's not talking to the average people Yellowdog-1966 Aug 27 #10

"Ha ha. Sucker proles. Loser proles. Ha ha." - G.O.P. BoRaGard Aug 27 #11

Hey Democrats: Chasstev365 Aug 27 #12

Well...duh! That's been reported for at least a decade now, probably longer. That's not news. Martin68 Aug 27 #15

We've known this, but the public could always use a reminder. Karasu Aug 27 #16

Same as every study on the subject ever? Brainfodder Aug 28 #17

You don't say! jfz9580m Aug 28 #18

yeah, remember how all that excess $$ was supposed to TRICKLE DOWN Skittles Aug 28 #19

"New study finds"? Huh? ReRe Aug 28 #20

Who knew? Ray Bruns Aug 28 #21

24 percent on earnings but so much of what they get is not "earnings" JT45242 Aug 28 #22

G.O.P. greases the skids for the rich BoRaGard Aug 28 #23