The Billionaire Discount Has a Public-Works Tab
On the comparison’s terms, a small-business owner can face a claimed 32% tax payment on $50,000, while the stated “true tax rates” on wealth…
On the comparison’s terms, a small-business owner can face a claimed 32% tax payment on $50,000, while the stated “true tax rates” on wealth gains are 1.1% for Jeff Bezos, 3.27% for Elon Musk, and 0.10% for Warren Buffett. It puts the top 25 richest Americans at a claimed 3.4%. Those figures aren’t a complete tax accounting; they do make one question hard to dodge: why does ordinary enterprise get the civic tab while enormous wealth growth gets the velvet rope?
Fortunes don’t grow in a vacuum. Schools educate workers, roads carry goods, science opens doors, and healthcare helps people keep going. The VIP who uses the whole stage shouldn’t act surprised when the bill arrives. People who profit from a functioning society should help pay for its shared needs—not leave the public holding the invoice while private wealth takes the encore.
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