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> Given the progressive income tax, those who are billionaires likely pay more in years where they make money than just about anyone else. Nonsense. Rich peopl
by xdennis 4y ago
> Given the progressive income tax, those who are billionaires likely pay more in years where they make money than just about anyone else.
Nonsense. Rich people assets (i.e. stocks) aren't taxed. That's why Amazon doesn't pay any taxes.
https://www.cbsnews.com/news/amazon-taxes-1-2-percent-13-billion-2019/ https://www.cbsnews.com/news/amazon-taxes-1-2-percent-13-bil...
- baryphonic 4y ago> Nonsense. Rich people assets (i.e. stocks) aren't taxed. That's why Amazon doesn't pay any taxes. Amazon is a corporation, not an individual billionaire tech bro. Not sure what relevance Amazon's tax situation has to this discussion.