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Wealthy people (generally) are able to pay very little taxes on their capital gains if they structure things properly. Depending on the citizenship they hold an
by charlesdm 10y ago
Wealthy people (generally) are able to pay very little taxes on their capital gains if they structure things properly. Depending on the citizenship they hold and the country they live in, this can go from absolutely nothing (i.e. Monaco) to 25-35% (UK, Belgium, Spain, etc)