Scott Galloway CORNERS Kevin O'Leary on How Tax Loopholes Loot the Middle Class

Corporate tax loopholes and progressive tax structures are essential for addressing wealth inequality, as corporations currently pay their lowest tax rates since 1939 while the 25 wealthiest families pay an average tax rate of only 6%, and once individuals reach a certain level of wealth, additional income provides no incremental happiness, making higher marginal tax rates on the wealthy both economically and philosophically justified.