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- Oct 1, 2019
Confuses me sometimes when people cape for billionaires. Idc how much money anyone has but they should be taxed a lot more than a person making normal success money.
If I make $150k i can pay like $40k+ in taxes Based on the state I live. To a person making $150k, $40k could go a very long way.
Yet a dude can make $20billion and get taxed a lower percentage of his income. Even at 23% tax rate, they’d pay $4 billion roughly. That $16 billion still lasting 5 lifetimes.
Wealthy people pay little to no tax homie... wouldn't matter how much you taxed them... wealthy people own capital assets not income... regular folk have income... and regular folk always get the short end of the stick...
Why do you think Steve Jobs had a $1 salary and had stock options when he was the CEO of Apple?
That's why I find people who flex about their income amusing...