this post was submitted on 08 Oct 2023
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They still have to pay way more than the others, a tax cut just means they dont have to pay as much more as before, still more (percantage-wise even) than you and me.
In the real world, American billionaires pay lower effective tax rate than many of its working people https://www.cp24.com/world/american-billionaires-pay-lower-effective-tax-rate-than-many-of-its-working-people-propublica-investigation-1.5461318