2 ms·
And it will keep on being shifted to the middle class until it disappears. The "rich" don't have enough money to maintain a subsidized economy, the middle class
by alvarosm 12y ago
And it will keep on being shifted to the middle class until it disappears. The "rich" don't have enough money to maintain a subsidized economy, the middle class does.
As for the big companies, they use so-called tax loopholes to defer tax payment and keep foreign-sourced income offshore. They'd get taxed when/if that money reenters the US. And you can be sure they'll be taxed eventually as uncle Sam gets more needy to run a subsidized economy. State interventionism with FATCA and so on will only grow until there will be no way for them to avoid taxation.