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wealth taxCommon Dreams
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69% Informative
Elon Musk , the world's single wealthiest individual, is the biggest beneficiary of U.S. government contracts.
Two of Musk’s commercial operations, Tesla and SpaceX, have received billions in American taxpayer support.
From the early 1940s through the mid-1960s , the incomes of America 's richest faced a tax bite that would be unimaginable today .
Today 's top-bracket federal income tax rate stands at 37 percent on income over $693,751 .
Gates would be willing to let the IRS take 62 percent , about $100 billion .
Gates: Sanders proposal would tax away over 99 percent of his personal fortune.
Gates says he's willing to give the IRS 62 percent of the fortune to the IRS for a better America .
Gates' proposal would make a good place to start, Gates says.
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