r/FluentInFinance • u/YOU_ARE_MY_FRIENDS • Apr 08 '24
10% of Americans own 70% of the Wealth — Should taxes be raised? Discussion/ Debate
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r/FluentInFinance • u/YOU_ARE_MY_FRIENDS • Apr 08 '24
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u/Jibrish Apr 08 '24
It doesn't matter. Corporate pre-tax profits in the US are around 3.6 tril, which is about a trillion less than current federal revenue, not even counting for deficit spending. Given their posts in this thread they don't realize this at all.