The Rich Need To Stop Dodging Taxes
It makes life much harder for the rest of us
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Everyone loves to pay fewer taxes. There’s an entire industry that exists solely to help the wealthy minimize their taxes. According to the book, Davos Man (by Peter S. Goodman), the richest 400 Americans (with an aggregate wealth of almost $3 trillion) had their effective tax rate cut from 54% to 23% between 1962 and 2022. That…