Jeffrey Winters

speaker
177 appearances 1 recordings 1 series first heard May 2026 last heard 20 May

Jeffrey Winters’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in May 2026 with 1.

Appearances

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So that many of those names you mentioned pay somewhere between
1 and 3 percent.
And we have something in the United States called the tax gap.
This is the number which the IRS is required by statute to calculate.
And it's the difference between what the IRS confidently believes it should be collecting and what it actually does.
Today, per year, the tax gap in the United States is $1 trillion.
The defense budget is 900 billion.
What they've also shown is that the cheating rate by the average citizen is about 1%.
the level at which oligarchs are evading and avoiding their taxes is 55%.
So what does that mean?
The democracy says we want to do something about inequality and progressive taxation is one of the most important instruments.
Oligarchs say you can't and you won't tax us.
And in the end, they keep hundreds of billions of that trillion
and make money on that money.
And what it does is it supercharges the rate at which we're becoming unequal.
Yeah, you know, the melding, the fusion of oligarchy and democracy relies on the fact that actually oligarchy is not very visible.
If it's not visible, that fusion actually can go on for decades upon decades and over generations.
We happen to be in a moment when the population's awareness of the use of wealth power in democracy is at a very high level right now.
In fact, we have not had this kind of visibility of oligarchs since the Gilded Age.
when they were called robber barons at that time.
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