I’d love to be insulted for being a billionaire. Though I’m not. Remember, investment money has been taxed when earned. Much of the reason rich people pay little to know tax is reinvestment and loss carryover. The only fair way to go is a flat tax IMO.
Tiptop789 wrote:
Really, well, if you avoid income, you avoid taxes. All legal I will add, but not equitable. Oh, we probably disagree? Let's see if we can find some things we agree I bet? Bezos, Soros, Buffet, Musk among others are billionaires. See we agree. Those in the $2-$5 million income group paid among the highest rate, 27.5%. Adove $5 million (.001%of population), the tastes were less and those above $69 million, they paid even only a 23% rate. The 25 richest paid a lower rate. Hardly seems fair? We are probably in disagreement here? Oh, a disclaimer, maybe I insulted you if your a billionaire, wander my intent.
Really, well, if you avoid income, you avoid taxes... (
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