Title is a little bit clickbaity. The reason a lot of them aren’t paying much in taxes is bcz their asset values grew. But if you arent selling it, there’s no tax to pay. The headline makes it seem like they just aren’t paying any taxes at all.
While there’s criticism to go around when it comes to the tax laws around billionaires, this isn’t really the issue.
Can’t we just be pissed off that the federal government is allowing this to happen? I know OP specifically called out campaign promises, but they absolutely could and should fix this, congress and the executive branch don’t care.
It is absolutely on them that this is still a thing even if OP is misdirecting.
Sony tried to block the case, arguing that it was “flawed from start to finish,” but the CAT has just granted approval for it to go to trial. However, the tribunal did stipulate that anyone who made PlayStation Store purchases after the case was filed last year should be removed from the proposed claimant class.
As if we all knew the details of Sonys deals and price cut of game sales…
It’s basically AI alzheimers