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There are things that guy could do with his money that would give him tax breaks - like using that excess wealth to create jobs, donate to charities, etc. If h
by dedward 16y ago
There are things that guy could do with his money that would give him tax breaks - like using that excess wealth to create jobs, donate to charities, etc.
If his burn rate is $500k a year then he's not financially any different from anyone else who's burning theorugh their paycheck - he's just got different hobbies - he's not contributing more meaningfully to society or anything like that - so why not higher taxes?