4 ms·
I’m not sure where we are in disagreement. Rich people don’t become rich without first paying income taxes. Sure, once they have wealth, they mostly pay capita
by pb7 7y ago
I’m not sure where we are in disagreement.
Rich people don’t become rich without first paying income taxes. Sure, once they have wealth, they mostly pay capital gains tax but if you and I have the same definition of rich, to sustain a luxurious life off investments alone, you had to have paid millions in income taxes which is more than most people will pay in their entire working years.
Additionally, turning $100K into $600K in two years is not as easy as you’re portraying it to be.
- ghettoimp 7y agoHrmn. I suspect many rich people were born that way, and paid no income taxes in utero.