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RE: LeoThread 2025-11-11 03-09

in LeoFinance2 days ago

Part 6/11:

Johnson emphasizes that the wealthiest entities have not paid their "fair share." While broader analyses reveal that high-income individuals and corporations already contribute a sizeable portion of tax revenue—often more than lower-income groups—progressive policies aim to amplify this by increasing rates and closing loopholes.

However, critics argue that the existing loopholes allow these entities to minimize their tax liabilities. Closing such gaps could potentially address revenue shortfalls without pushing away investment and talent, but this requires political will and effective enforcement.

The Challenge of Funding Critical Services