America’s Unequal Economic Recovery

Wally

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When one leads a life without consequences (for being rude to a waiter or cruel to a sibling, for example) there really is no reason to not do these things. After a while, it becomes normalised and accepted. Living a life without rules isn’t good for anyone.
 

Wally

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THE WEEK STAFF
NOVEMBER 28, 2021

The disappearing estate tax
Revenue from the estate tax has been sliced in half in two years, said Ben Steverman in Bloomberg. "Just 1,275 wealthy families paid $9.3 billion in estate tax in 2020," according to the IRS's latest data release. As recently as 2018, the agency had collected more than $20 billion from nearly 5,500 families, and it averaged $17.9 billion in revenue in the four years before that. But "the dramatic decline is largely the result of the tax overhaul enacted by Republicans in 2017, which doubled the amount that wealthy couples can pass to heirs without triggering the levy" to $23.4 million. "The modern estate tax was introduced in 1916 to help counter the growth of dynastic wealth." Since 2016, U.S. billionaires have doubled their collective net worth to more than $5 trillion.
 


Ogee Oglethorpe

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Rattner and Broke, two peas in a pod. Do you think Rattner (or Broke for that matter) knows that they are just stooges for the corporations?

Same Liberal wash, rinse, repeat; gin up outrage against the villainous "corporations" and then take aim at the small businesses of America. The corporations never feel a thing, and they are pushing that agenda to crush and squeeze out small businesses. Nobody hates small businesses more than the corporations (except maybe the Democratic party).
 

kg21

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Rattner and Broke, two peas in a pod. Do you think Rattner (or Broke for that matter) knows that they are just stooges for the corporations?

Same Liberal wash, rinse, repeat; gin up outrage against the villainous "corporations" and then take aim at the small businesses of America. The corporations never feel a thing, and they are pushing that agenda to crush and squeeze out small businesses. Nobody hates small businesses more than the corporations (except maybe the Democratic party).
You have to be stoned to want anyone or any corporation to be taxed more.

Just completely stoned. They feel like victims yet again.
 


Spoofin

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Rattner and Broke, two peas in a pod. Do you think Rattner (or Broke for that matter) knows that they are just stooges for the corporations?

Same Liberal wash, rinse, repeat; gin up outrage against the villainous "corporations" and then take aim at the small businesses of America. The corporations never feel a thing, and they are pushing that agenda to crush and squeeze out small businesses. Nobody hates small businesses more than the corporations (except maybe the Democratic party).
“fund progressive policies responsibly”. How many trillion is “responsibly”?
 




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