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Rhiannon12866

(205,320 posts)
Wed Jun 9, 2021, 02:53 AM Jun 2021

ProPublica Report: How The Wealthiest Are Avoiding Paying Income Taxes - The Last Word - MSNBC



Tax experts Dorothy Brown and David Cay Johnston join Lawrence O'Donnell to discuss how a new ProPublica report on the wealthiest Americans avoiding income taxes proves that “we do not have a progressive tax system in America.” Aired on 06/08/2021.


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ProPublica Report: How The Wealthiest Are Avoiding Paying Income Taxes - The Last Word - MSNBC (Original Post) Rhiannon12866 Jun 2021 OP
Look, we all know the 1% don't pay taxes, that's really old news Warpy Jun 2021 #1

Warpy

(111,255 posts)
1. Look, we all know the 1% don't pay taxes, that's really old news
Wed Jun 9, 2021, 11:05 AM
Jun 2021

so most people are going to roll their eyes and not bother watching or listening to it. Stuff with heavy numbers is equally boring to people who remember high school math with a shudder.

However, what they really need to do is take on one dodge at a time, like the strategic tax loss via a corporation that exists only on paper filed offshore. They also need to address the long standing policy at the IRS of going after pennies from working people while ignoring the billions that rich men and their corporations cheat their way out of paying.

I know journalists don't understand this stuff, but surely they can find someone who understands it well enough to break it down into digestible pieces for working stiffs who are getting screwed six ways from Sunday by high tax loads and artificially low paychecks.

Otherwise, it's not journalism and they're not reporting the news, this is the kind of story cranked out by hacks who don't care any more, to be read by anchors who know damned well it's not news.

(NO, this isn't a dis to O'Donnell, specifically. This same story has been on all broadcast news and with the same lack of infuriating detail)

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