It's the favorite talking point from the left. The rich don't pay their fair share. Is it true? Phil Valentine calls bovine scatology on that.

Show Notes

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The left is obsessed with taxing the rich. In this episode, Phil Valentine breaks down who really pays what. Somebody's not paying their fair share. Find out who.

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Selected references:

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• History of the Income Tax
   

• Who pays what in income tax?
   

• AOC and tippy tops
   

• Occidental College professor wants to tax the rich more
   

• Bill Gates says the rich should pay more in taxes
   

• JFK promotes tax cuts in 1962
   

• Bill Gates on Elizabeth Warren's 'tax the rich' scheme
   

• Social Security calculations
   

• Chuck Schumer on SALT deduction
   

• Tax Foundation's research on who benefits from SALT deduction
   

• Tom Brokaw interview with Warren Buffett
   

• Percentage of small businesses that fail in the first 5 years
   

• 90 percent of restaurants fail in first year
   

• Amazon is reinvesting profits into growth

Music by Phil Valentine

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