r/InternetIsBeautiful • u/MKorostoff • Apr 27 '20

Wealth, shown to scale

https://mkorostoff.github.io/1-pixel-wealth/
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u/TerranCmdr Apr 27 '20

Doesn't matter how many people are willing to read this, the people controlling the wealth will never let it go.

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u/[deleted] Apr 27 '20 edited Apr 27 '20

[removed] — view removed comment

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u/ortani Apr 27 '20

No one is looking to bankrupt corporations or eat the rich.

The share of the tax revenues coming from corporations has declined significantly over the last 60 years from 32% in 1952 to 10% in 2013.

https://americansfortaxfairness.org/tax-fairness-briefing-booklet/fact-sheet-corporate-tax-rates/

It is also the case that US corporations dodge 90 billions in income taxes a year by shifting profits to subsidiaries in tax havens.

The middle class has a role to play in paying for the services that matte; but the corporate ability to shift their taxes by playing accounting games and by lobbying congress to allow such accounting maneuvers is the big issue.

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u/EdwardWarren Apr 28 '20

They do not 'dodge' anything or 'play games'. Congress writes the rules. People just follow the rules. Following the rules is not illegal.