Tom Hates Fascism! :verified: on Nostr: Billionaires like Steve Cohen and Stephen Schwarzman exploit a tax loophole to avoid ...

Billionaires like Steve Cohen and Stephen Schwarzman exploit a tax loophole to avoid Medicare taxes, saving millions while Medicare faces insolvency by 2030. Efforts to close the loophole have failed due to powerful lobbying. Fixing this could raise $250 billion over 10 years for Medicare’s survival.
https://www.propublica.org/article/medicare-tax-loophole-steve-cohen