Why do billionaires like Mark Zuckerberg, Elon Musk, and Jeff Bezos take a $1 salary? In this explosive interview, Boston College professor and author of The Second Estate, Ray Madoff, reveals the hidden mechanics of how the ultra-wealthy have effectively "seceded" from the U.S. tax system.
Discover why high-income earners like surgeons and VPs are actually paying more than billionaires, the truth about regressive payroll taxes, and why the current system is an unsustainable threat to the national debt. We look at enormous tax loopholes—from how stock buybacks replaced dividends to the "death tax" disinformation campaign that protected massive inheritances.
If you've ever wondered how the richest 1% avoid income tax while working Americans foot the bill, this deep dive into the modern aristocracy is a must-watch.
You can find The Second Estate here: https://press.uchicago.edu/ucp/books/book/chicago/S/bo256019296.html
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