Condensed version of a speech that Bill Moyers delivered at the Chautauqua Institution in Chautauqua, on plutocrats and the people.
Many in the rich or wealthy class continue to complain about being overtaxed. They do so even as they receive preferential tax treatment. They do not pay social security tax (12.4%) on any of their income above $17,000. The rich makes most of their income from capital gains. The working middle class make most of […]