2min chapter

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The Economy, the Media, and Fatherhood — with Kai Ryssdal

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CHAPTER

The Tax Code's Going From 400 Pages to 4,000 Pages

Democrats agree to cut 20 billion from the 80 billion in incremental IRS spending, which by the way, every dollar incremental dollar that goes to the IRS raises is $12. And why who gets off the hook here? Rich people because guess who's really expensive to audit because their tax returns are so fucking complicated. According to the White House, the uber wealthy pay just 8% of their total realized and unrealized income in taxes. "I'm not sure I'm down with a wealth tax only because the wealthy are the most mobile people in the world," he said.

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