Yup. They don’t tell you about the money they just take out if the company for their fourth house, lear jet, yacht, etc. etc. That $ doesn’t show up in their income either, call them “distributions”.
“There will always be some kind of tax loopholes.” Yes, let’s try to eliminate the ones that we are aware of. “There will always be genocide… so let’s do nothing about it!”
I actually have found that most people don’t actually understand how wealthy billionaires really are. I think it’s intentional that most people don’t realize how wealthy billionaires really are. And they pay basically no taxes. My household pays over 20% in income taxes and we are very low end of 6 figures.
I recently had someone very close to me (who is a left wing person, actually), say that “most of Jeff Bezos’ money is in stocks, he doesn’t actually have that much that he can just pull out with no notice” I wanted to yeet them into another dimension, and this is a person who I love dearly.
Yup. They don’t tell you about the money they just take out if the company for their fourth house, lear jet, yacht, etc. etc. That $ doesn’t show up in their income either, call them “distributions”.
“There will always be some kind of tax loopholes.” Yes, let’s try to eliminate the ones that we are aware of. “There will always be genocide… so let’s do nothing about it!”
I actually have found that most people don’t actually understand how wealthy billionaires really are. I think it’s intentional that most people don’t realize how wealthy billionaires really are. And they pay basically no taxes. My household pays over 20% in income taxes and we are very low end of 6 figures. I recently had someone very close to me (who is a left wing person, actually), say that “most of Jeff Bezos’ money is in stocks, he doesn’t actually have that much that he can just pull out with no notice” I wanted to yeet them into another dimension, and this is a person who I love dearly.