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Showing posts from June, 2021

ProPublica's explosive exposé of US Tax Code (un?)Fairness

ProPublica has  received a trove of files from the Internal Revenue Service of many of the wealthiest Americans. Read and judge for yourself the 'fairness' of the United States Tax Code. Understand the US taxes income, not wealth. Understand that taxing wealth is not straight forward. The value of assets change. Some assets are more easily taxed than others. Also: what are the implications of private citizens tax records being made public? ProPublica cames these records were provided to them anonymously.