I find it so interesting that if BILLIONAIRES paid taxes at the rate they’re supposed to, we would be able to solve so many of the country’s pressing issues. Like we wouldn’t need to argue about resource allocation if not for massive tax write offs
I genuinely think being a billionaire is a mental illness the same way being a hoarder is
6
Anonymous1d
The only issue that I have with raising billionaire taxes is that it won’t generate more government revenue for the US government when people like Bezos only pay 1% in taxes instead of the actual rate for that level
3
AnonymousOP1d
Bezos doesn’t pay 1% in tax lol
1
Anonymous#11d
Bro takes out an 80k salary annually and pays 973 M in tax with 99.03B in wealth growth.
3
AnonymousOP1d
Since when is net worth taxed? It’s not even real money. It’s unrealized capital gains
-1
Anonymous#11d
Wealth growth ≠ net worth, two different terms to describe two different things
2
Anonymous23h
The US has actually never tax unrealized capital gains. This isn’t accurate.
What’s your source for this?