Tag: Wealth
Who Gets the Big 199A Tax Loophole?
In December 2017, Congress signed the Tax Cuts and Jobs Act (TCJA) into law. It was largely unpopular for most Americans but has left some people and companies quite pleased—the ultra wealthy ones like the Koch Brothers and Pfizer. The TCJA has lowered the individual income tax from 39.6% to 37%, lowered the corporate income…
13 Mar 2018
Let Them Drink Perrier
How a dictator’s son funds his lavish lifestyle in Bel Air while many of his country’s citizens lack access to clean water.
8 Dec 2011