Subject: Re: Biden's billionaire tax rate fact checked
But that's the entire point he was making. It's an argument for changing how we do things, because the US tax code currently allows nearly all of the earnings that billionaires accumulate to escape taxation.

"Fairness" is a bad argument, as I've pointed out. Greed and envy as a policy foundation aren't good ways to go.

Want to make the tax code more "fair"? Nobody will like this answer: Make everyone pay at least $1 in net taxes.

It wouldn't be if that were true....but it's not. That's not what the numbers say.

One of our major taxes is very progressive - the U.S. federal income tax. Most of our taxes are far less progressive, and many are regressive (FICA, sales taxes, property taxes, etc.).

Moving goal posts alert, Batman! :)