Probably not. Berkshire Hathaway alone is paying like $10B in taxes every year, and that’s just the income taxes of one company. Given how the article considers total taxation, you’d have to think about e.g. all the VAT taxes even the rich cannot totally avoid.
Closing all loopholes and making taxation fair is a great goal though.
Probably not. Berkshire Hathaway alone is paying like $10B in taxes every year, and that’s just the income taxes of one company. Given how the article considers total taxation, you’d have to think about e.g. all the VAT taxes even the rich cannot totally avoid.
Closing all loopholes and making taxation fair is a great goal though.
Yeah just being hyperbolic.