People who make the very most wealth in this country aren't booking it as a salary. It's got a lot to do with ownership of corporate equity. And A lot of these corporations are literally paying zero because of all the loopholes and the write offs that they have. And if we true that up, not to mention just making sure we do better on things like tax evasion, the IRS has lost capability to make sure people just pay what they're actually supposed to be paying. (20:37–20:44)
CLAIM
Asserts that many corporations pay zero taxes due to loopholes and write-offs.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
