Why Can't We Fund Universal Public Goods? Blame the Tax-Dodging Billionaire Nepo Babies | Common Dreams
www.commondreams.org
The wealthiest families in the U.S. are not only squandering their fortunes on frivolous luxuries, but also benefiting from a rigged tax system that allows them to pass down wealth without being properly taxed. How long will we allow the ultra-rich to manipulate the system in their favor, while vital programs for working and middle-class Americans are cut? It's time for Congress to unrig the tax system and ensure fairness for all. #TaxFairness #WealthInequality #BillionaireNepoBabies

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.”

  • Sanctus@lemmy.worldEnglish
    13·
    17 hours ago

    Let’s keep beating this corpse shall we? We all know. Apparently the only path that garners change is Luigi’s.

    • SlopppyEngineer@lemmy.worldEnglish
      14·
      15 hours ago

      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.

    • Olgratin_Magmatoe@lemmy.worldEnglish
      31·
      15 hours ago

      If we stop beating this corpse, we’ll all just be corpses.

      The end result of their tyranny is blood, and a lot of it. We can either stop it now, or wait for it to get worse. The for profit heathcare industry needs to end.