U.S. Billionaires Pay Lower Tax Rates than Working Class - An Unprecedented Tax Disparity
Economist Gabriel Zucman's Analysis
A striking analysis by economist Gabriel Zucman revealed that in 2018, U.S. billionaires paid a lower effective tax rate than the working class, signifying a historic disparity in tax obligations.
Income Structure of the Superrich
One of the primary reasons for the lower tax rates among billionaires is the composition of their income, mostly sourced from wealth channels like dividends and capital gains rather than conventional salaries.
Global Tax Trends
International patterns show a consistent decrease in corporate and estate taxes, benefiting the wealthy, prompting international efforts for fairer taxation systems.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.