toobfreak
Tungsten/Glass Member
What Biden fails to understand is that the wealthy, or their heirs, eventually pay all taxes due.
They don't eventually. They PAY ALL TAXES DUE under the tax law period or they are a tax cheat and felony violation sought by the IRS.
There are no loopholes, there are no shelters. These are all legitimate tax options built into the tax law WRITTEN BY CONGRESS ITSELF.
So no one can say the rich don't pay their fair share. As it is, the top 10%-20% of earners pay something like almost half of all taxes collected.