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Populist Reform of the Democratic Party
In reply to the discussion: "Where Are the Populist Democrats?" [View all]RiverLover
(7,830 posts)42. Welcome to DU, MidschoolLiberal17
The wealthy end up paying a much lower RATE than most of us due to write-offs and creative accounting. And lets not forget the low rate on capital gains....
And you don't even have to be a billionaire. I have a relative who is self-employed & does accounting work for a guy who owns several restaurants. He doesn't pay a dime in income taxes. He lives in a 2.5 million house & summers in Europe with his family. It wouldn't hurt him to pay some effing taxes.
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