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