Don’t fall for the idea that the rich pay their fair share
When you’re in a war and expecting your enemy to attack, sometimes you have to launch a preemptive strike. That’s exactly what we’re going to do with conservatives’ ideas on tax fairness now that we’re fully engaged in the 2025 tax war.
The “Super Bowl of Tax” is finally here. While Republicans haven’t passed their massive package, nor has President Trump signed anything yet, from what we’re seeing so far of their plans, there’s no doubt that they’re quarterbacking to give more tax handouts to wealthy people like us.
You may think that Bill Gates is doing the world an enormous service by giving away nearly all of his fortune over the next twenty years. But the truth is that he’d be doing us all an even greater service if he spent a portion of his remaining time and money doing everything he can to change our country’s political economy to ensure that wealth isn’t concentrated in the hands of so few people and that, in the future, no single individual is able to attain his level of wealth and power in the first place.
