400 families paid taxes at a lower rate than bottom 50% households

October 13, 2019October 12, 2019

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RTFA and weep for the days when some of the hacks we elect to Congress tried to be on the side of ordinary Americans. The intent of tax rates has been completely reversed in my lifetime.

2 thoughts on “400 families paid taxes at a lower rate than bottom 50% households”

p/s says:
October 13, 2019 at 8:31 am

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“Trump’s Trillion-Dollar Hit to Homeowners : By reducing deductions for real estate taxes, Trump’s 2017 tax plan has harmed millions — and helped give corporations a $680 billion gift.” (ProPublica 10/10/19) https://www.propublica.org/article/trumps-trillion-dollar-hit-to-homeowners
Hey, Rube! says:
October 29, 2019 at 7:56 am

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“How a Tax Break to Help the Poor Went to NBA Owner Dan Gilbert : After a lobbying effort, Dan Gilbert, billionaire founder of Quicken Loans, won special tax status for wealthy areas of downtown Detroit where he owns billions worth of property.” (ProPublica) https://www.propublica.org/article/how-a-tax-break-to-help-the-poor-went-to-nba-owner-dan-gilbert