Why Taxes Are Broken
In light of the COVID-19 stimulus package recently passed by Congress, Valuetainment host Patrick Bet-David posits that if the government is going to continually bail out corporations and print money, why pay taxes? It’s a conundrum, says economist and CEO of Quill Intelligence Danielle DiMartino Booth with a dire future because our tax system is broken and doesn’t make sense anymore. “If you make very little in America today, you’re going to get through this (economy shutdown),” she says. “If you’re worth a ton of money, you’ve long gone to cash. If you’re in the middle, you’re screwed and you’re pissed.” The result, Booth says, could be a generational change that brings about a genuine direction in how we approach our leadership in America. Here’s more from Valuetainment.
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