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The Rich Need To Stop Dodging Taxes

It makes life much harder for the rest of us

Tony Yiu
Alpha Beta Blog
Published in
3 min readMar 26

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…

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Tony Yiu
Alpha Beta Blog

Data scientist. Founder Alpha Beta Blog. Doing my best to explain the complex in plain English. Support my writing: https://tonester524.medium.com/membership