4 ms·
Not earning income is a way to avoid income tax.
by wbl 5y ago
Not earning income is a way to avoid income tax.
- throwawaycities 5y agoIt might come as a surprise to you but the CEOs that don’t pay income taxes I’m referencing nevertheless receive compensation packages that put them in the 1% of the 1%. They are tax strategies that aren’t available to the rest of us, otherwise everyone would have a s-Corp/LLC pay themselves $0 salary and take everything they make as a distribution of profit to avoid payroll taxes/Medicare/SS on income, when the little guy does that it’s called tax fraud.