4 ms·
I wasn't even talking about tax evasion. Just that rich people can often reorganize their income to be capital gains, for which the tax is just 15%. I don't th
by thomasahle 6y ago
I wasn't even talking about tax evasion. Just that rich people can often reorganize their income to be capital gains, for which the tax is just 15%.
I don't think this is controversial.
Warren Buffett talked about how he pays a lower tax rate than his secretary.
There is also the famous curve of tax vs income group:
https://www.nytimes.com/interactive/2019/10/06/opinion/income-tax-rate-wealthy.html https://www.nytimes.com/interactive/2019/10/06/opinion/incom...