Tax rate for Ultrarich Dramatically falls after tax cuts: study



The effective tax rate for the richest of 0,0002 percent of the billionaires at a well-known list of Forbes 400, which extended the Congress last month in Congress in Trump Trump “Big” Big “Big Fund.” Budget.

The effective tax rate for the American population as a whole is about 30 percent, and for people with the best salaries it is about 45 percent. But for the 100 richest Americans, according to the study, according to the study published on Monday, the National Bureau of Economic Research.

These pretty are correlated in a study especially with cuts from Trump 2017, known as well as tax cuts and acts.

“The Tax rate of the Top 400 has been significantly dropped at the end of our sample, period that includes various economic and political changes, including reducing tax and acts,” Note Researchers.

The study is Emmanuel SAEZ and Gabriel Zucman, Economists at the University of California, which are two of the most important professionals for global inequality of wealth, a trend that exploded in recent decades.

They noticed that it was a wealth of top 0,0002 percent of the American gross domestic product (GDP) in 1982. years, hit 20 percent of GDP 2025. Years, and about 100 best results are attributed only to the best best results.

As part of wealth, unlike revenues, taxes paying the first 400 fell from 2.7 percent before tax cuts at 1.3 percent. The United States does not tax on wealth-based people, only based on income, although the Supreme Court recently showed openness to considering taxes on wealth.

It is surprisingly that the lower tax rates for Superrich have been partially due to the low amount of private business revenues. The prescribing of taxes creating taxable losses are listed as a decrease in tax burden for the richest Americans, allowing them to compensate taxes owed by other income sources such as salaries and dividends.

The central cut off departments of Trump 2017 was a decrease in profit tax from 35 to 21 percent, a change that has made a big difference to the billionaire class.

“From the top 400 effective tax rate of 23.8 percent, about 9 points come from income tax,” Zucman and his co-authors found.

In the distribution analysis of the cutting expansion 2017. years signed in July, the Congress Budget Office in which wealth will be transferred from poor America to rich. Due to the reduction of social programs, such as health care, the lowest scientists would lose resources, while rich to acquire them.

These gains increased in larger parts of ladders on income, and mostly gets far to the upper tenth of earnings, mainly in the form of preserved tax revenues.

The trend is globally. Although the differences in wealth are between countries that moderated in the last quarter of the century, the difference in the country in countries such as the United States jumped.

“2018. years old, the richest people in the world held many wealth as half of the global population (3.8 billion poorest people), down 43 years ago,” United Nations reported.

Economic historians considered a new appointment of a global class structure based on the growing trend inequality.

“We also need to witness new class structure, crawls about the relationship” politically projected redistribution, “” Economic historian Robert Brenner and Sociologist Dylan Riley wrote in paper 2022. Years.

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