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Absolutely. In 2021 an IRS contractor, Charles Littlejohn, leaked the tax documents of the richest people to ProPublica, so we all know that Warren Buffet paid
by frm88 6mo ago
Absolutely. In 2021 an IRS contractor, Charles Littlejohn, leaked the tax documents of the richest people to ProPublica, so we all know that Warren Buffet paid a stunning 0.10% tax:
https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax https://www.propublica.org/article/the-secret-irs-files-trov...
If you want to know how the richest people also avoid all other taxes, like e. g. inheritance, watch NYT interview with a tax lawyer 'Salaries are for suckers' https://youtu.be/mX5U5DNUfBc?si=5vmLHY0GjGAC3X4o https://youtu.be/mX5U5DNUfBc?si=5vmLHY0GjGAC3X4o. It goes into the details of the tax system.