Pandemic Aid Programs Spur a Record Drop in Poverty
New York Times
Here it is: The full story of wealth inequality in America. The top 1% holds 15x more wealth than the bottom 50% combined.
Tax laws allow owners to claim that their teams lose value, lowering their tax bills. The government misses out on billions in revenue.
Some of the wealthiest Americans use a strategy called Buy, Borrow, Die to dramatically reduce their tax bills while their fortunes continue to grow.
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