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Benzinga
Benzinga
Business
Archana Kumari

Billionaires Now Pay Less In Taxes Than You: Study Reveals Ultra-Wealthy Enjoy 24% Rate Thanks To Trump's 2017 GOP Cuts

Republican Party Gabriel Zucman the National Bureau of Economic Research Donald Trump Emmanuel Saez America
Safe-haven,Currency,For,Investment,,Financial,Concept,:,Us,100,Usd

The effective tax rate for America's wealthiest 0.0002% — roughly the billionaires on the Forbes 400 list — fell from 30% to 24% after the 2017 GOP tax overhaul, according to a new study from the National Bureau of Economic Research.

Billionaires Dodge More Taxes After GOP Cuts

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