Patriotic Millionaires make the case for taxing them more
You've heard the sarcastic take on the Golden Rule, right? They that hold the gold make the rules?
There's certainly some truth to that cynical statement, especially when it comes to American tax policy. Billionaire Warren Buffett has pointed out for years that his secretary is taxed at a higher rate than he is.
The Patriotic Millionaires is a group of wealthy Americans determined to fix the system, and they joined forces for a book called Tax the Rich! How Lies, Loopholes, and Lobbyists Make the Rich Even Richer.
PM Board Chair Morris Pearl and Founder/President Erica Payne are listed as principal authors; they join us for an overview of what they propose.