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by NickC25 167 days ago
and the effective tax rate today for the ultra wealthy is 0.

Shit, a few years ago Jeff Bezos got a tax credit for his kids.

Think of how absurd that is. Jeff Bezos, the founder of a multitrillion dollar corporation that already receives billions in government contracts and subsidies, who owns a $500m yacht and a multibillion dollar real estate portfolio, asked for, and was given, a tax credit for his adult children.