The other two-tiered U.S. tax system: How pass-through businesses let the ultra-wealthy dodge federal taxes (opens in new tab)

Key Takeaways Overview Many Americans likely remember when the legendary value investor Warren Buffett drew attention to a glaring unfairness in the tax code by pointing out that he paid a lower effective tax rate than his assistant. That observation about this two-tiered tax system sparked a national conversation—and, eventually, a policy proposal—about how investment […] The post The other two-tiered U.S. tax system: How pass-through businesses let the ultra-wealthy dodge federal taxes appe...