Economist Gabriel Zucman’s analysis reveals that for the first time, U.S. billionaires have a lower effective tax rate than working-class Americans, sparking a renewed debate on wealth tax.
New era of inequality: Billionaires pay less in taxes than the working class
Tag: tax rates
[2014] If Apple Were A Worker Cooperative, Each Employee Would Earn At Least $403K
Apple has 98,000 employees and earned $39.5 billion after tax over the past year. If Apple was a worker cooperative, then each employee would’ve received a $403,000 dividend on top of their salaries. Even the lowest paid worker would’ve earned at least $403,000 in Apple as worker cooperative.
If Apple Were A Worker Cooperative, Each Employee Would Earn At Least $403K