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One thing the richest people are VERY good at is paying themselves. If double taxation of capital were a problem, they could solve it by paying themselves salar
by spenrose 16y ago
One thing the richest people are VERY good at is paying themselves. If double taxation of capital were a problem, they could solve it by paying themselves salaries instead. They don't. I'm speaking of the executives here, of course. A bunch of those 400 richest got where they were by having 23 chromosomes donated by a CEO. The record of personal achievement by heirs is decidedly mixed.