4 ms·
This is kind of a bullshit double standard. Billionaires and their family jetset around the world on a regular basis. Summers here, winters there. Maybe they ha
by m348e912 8y ago
This is kind of a bullshit double standard. Billionaires and their family jetset around the world on a regular basis. Summers here, winters there. Maybe they have great accountants that account for the income that they accumulate during their extended stay and pay the appropriate income tax, something tells me that's not the case. I suppose I have made this a class argument, but my real point is the way has already been paved.
- tedunangst 8y agoDo you owe local income tax just for being some place when stock you own pays a dividend? I'm not a billionaire, and neither have I ever paid income taxes while traveling for various accruals.
- coldtea 8y agoWho said it's only the "dividend"? Billionaires don't tend to their business affairs when they're abroad?
- gamblor956 8y agoNo. They have good lawyers who advise them not to, and they follow that advice do they can stay billionaires.
- coldtea 8y agoLol. Billionaires have all kinds of offices-away-from-home, complete with secretaries, accountants, and other employees. It's just that no state would bust them on a "no business visa" issue for that, they want their money and investments.