The Patriotic Millionaires Take Aim At Wealthy Corporate Interests and Billionaires! Mixing ASMR Pt3

1 year ago
4

This video discusses the Patriotic Millionaires movement and its mission to reform the US tax code and address economic and political inequality. The group supports a fair tax system that prioritizes working people and constrains inequality. They advocate for replacing the estate and gift tax system with a simpler income tax on inheritances and eliminating loopholes such as carried interest. They also support instituting a minimum income tax for billionaires and implementing a wealth tax to constrain extreme wealth concentration. The group's detractors argue that raising tax rates to 90% would harm the economy, but the Patriotic Millionaires assert that this assertion overlooks rampant tax avoidance and misused anti-social catchphrases.
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This is a Clip from the Vlog "r/IRS Questions," which hopes to provide a steady path of information for the /r/IRS Reddit community and anyone interested in tax compliance. This channel also features the latest Internal Revenue Service news, IRS commentary, and tips from tax expert John R. Dundon.
www.reddit.com/r/IRS
www.JohnRDundon.com
https://patrioticmillionaires.org/

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