Posted inLetters to the Editor

Tax wealth as income

To the Editor:

There’s no better time than tax season to take a hard look at our absurd federal tax code — the single biggest reason the so-called “1%,” and the wealthy more broadly, have been pulling away from the rest of us for the past 50 years. Consider this: tech founders like Mark Zuckerberg famously take a $1 annual salary. They pay no income tax on that salary.

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