Congress hiked the nation’s top-bracket tax rate to around 90% for two decades to see the emergence in the United States of the world’s first mass middle class.
An obscure and wildly consequential tax rule allows billionaires to pass vast sums of wealth down to their heirs tax-free.
The Paradise Papers, Elite Universities, Endowments, Tax Avoidance, and The Engines of Inequality
These corporate tax scofflaws are so bad that even a top journalistic cheerleader for the corporate class can’t bring itself to defend them.
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