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Richer people don’t pay more taxes. If you have $200b by the time you are 50 years old you have somehow acquired $4b a year post tax. To acquire $400,000 a yea
by midasuni 3y ago
Richer people don’t pay more taxes. If you have $200b by the time you are 50 years old you have somehow acquired $4b a year post tax.
To acquire $400,000 a year - one ten thousandth of that - you would have to pay about 300k a year in tax, or about $15m, before you even spent a penny.
Have Musk and Bezos paid $150b in tax over their lifetime?
- stavros 3y agoWell, hence the "(supposed to)" bits.