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Discussion and Debate
Discussion and Debate
Politics
American Politics
US billionaires paid lower tax rate than working class in 2018
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<blockquote data-quote="OldWiseGuy" data-source="post: 74363503" data-attributes="member: 139156"><p>The rich pay less taxes because of the tax incentives given investors (read 'risk takers'). The poor don't invest, thus they don't get those tax breaks. Those incentives help drive economic growth that everyone benefits from.</p><p></p><p>I want the company that I work for to be very profitable, even if the owners make many times more than I do and are taxed at a lower rate. I can build my own wealth on the security and pay that such a company provides.</p></blockquote><p></p>
[QUOTE="OldWiseGuy, post: 74363503, member: 139156"] The rich pay less taxes because of the tax incentives given investors (read 'risk takers'). The poor don't invest, thus they don't get those tax breaks. Those incentives help drive economic growth that everyone benefits from. I want the company that I work for to be very profitable, even if the owners make many times more than I do and are taxed at a lower rate. I can build my own wealth on the security and pay that such a company provides. [/QUOTE]
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US billionaires paid lower tax rate than working class in 2018
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