Sign up to save your podcasts
Or
Share IRS: Income Redistribution Service or Institutionalized Rich Sanctuary?
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
IRS: Income Redistribution Service or Institutionalized Rich Sanctuary?
Billionaire Tax Yoga: How the Top 1% Bends the System and Still Says Namaste
Let’s talk about the $2.14 trillion elephant in the IRS’s room.
In 2022, the top 1% paid $855 billion in income taxes—and yet the bottom 50% got stuck with $64B and a “Thank you, come again.” Are we witnessing tax justice, or just America’s favorite illusion: Wealthy people paying their fair share™?
Max breaks down the smoke-and-mirrors math of how the top 5% shoulder 61% of the tax burden—while still somehow getting richer, dodging property taxes, hiding cash in trusts, and sipping chianti in Wyoming LLCs.
Lisa exposes the bottom 50%'s grim reality: a group working 3 jobs, paying more in payroll taxes, and still getting blamed for national debt like it’s their side hustle.
Note: This project explores the new creative potential unlocked by generative AI, showcasing how a single person, in just two hours, can curate (not create, but curate) a polished podcast series. I recognize the critiques around AI-generated content and the potential for digital clutter but invite you to take a listen on your next walk or drive and see what you think. Audio is AI-generated by Google's NotebookLM. Images by Grok-3 and Magic Studio.
View all episodes
By WhisperyBillionaire Tax Yoga: How the Top 1% Bends the System and Still Says Namaste
Let’s talk about the $2.14 trillion elephant in the IRS’s room.
In 2022, the top 1% paid $855 billion in income taxes—and yet the bottom 50% got stuck with $64B and a “Thank you, come again.” Are we witnessing tax justice, or just America’s favorite illusion: Wealthy people paying their fair share™?
Max breaks down the smoke-and-mirrors math of how the top 5% shoulder 61% of the tax burden—while still somehow getting richer, dodging property taxes, hiding cash in trusts, and sipping chianti in Wyoming LLCs.
Lisa exposes the bottom 50%'s grim reality: a group working 3 jobs, paying more in payroll taxes, and still getting blamed for national debt like it’s their side hustle.
Note: This project explores the new creative potential unlocked by generative AI, showcasing how a single person, in just two hours, can curate (not create, but curate) a polished podcast series. I recognize the critiques around AI-generated content and the potential for digital clutter but invite you to take a listen on your next walk or drive and see what you think. Audio is AI-generated by Google's NotebookLM. Images by Grok-3 and Magic Studio.