So, for the record, founding a company, passing your income & expenses through it, running it at a loss, then closing the company and opening a new one, is really simple. And now there’s proof that billionaires hide obscene amounts of wealth via this One Weird Trick.
A new study by some of the country’s most preeminent economists has finally put concrete numbers to the disparity. The billionaire class tax rates were lower than the average paid by ALL American households. Their taxes went down 30% because Trump1, and now even more with Trmp2. It’s grift all the way down.
To help offset the revenue losses, the Trump administration is stripping health coverage from millions of low-income Americans and shrinking Food Stamps. The rich, including Trump, will keep getting richer. The poor will pay for it.
Pitchforks, anyone?
Link is a pdf to the study. I’ve scanned it, it appears clean.