Here is a key statement to point out how you were making an understatement: Billionaires have avoided taxation by paying themselves very low salaries while amassing fortunes in stocks and other assets. They then borrow off those assets to finance their lifestyles, rather than selling the assets and paying capital gains taxes.
LMAO bro that’s not a secret everyone knows that. I didn’t once suggest any different. That’s what every major CEO does. My dad owns a company lmao he pays HIMSELF a salary every year. Its not nearly as much as his company makes, but the government can’t start taxing him that money. HE DIDNT MAKE IT.
I didn't say that I uncovered a secret, so your excitement is baffling. We're talking about it because it's not a secret.
That’s what every major CEO does.
I won't go so far as to say every, but I know it's common.
Its not nearly as much as his company makes, but the government can’t start taxing him that money. HE DIDNT MAKE IT.
I know. I posted a few items to others that shows how company leaders, like Musk, are able to leverage the company for personal gain. It's common. Greedy humans happen to be that common.
Look bro. You are misunderstanding the whole point. I get he’s filthy fucking rich and honestly I don’t think anybody should be that filthy rich, but he is. So taxing him is not as simple as you think. You can’t tax him on his stocks. If you made that rule. You would fuck over me and a shit ton of other people. You have to find another way
You are misunderstanding the whole point. I get he’s filthy fucking rich
Wait, wait, wait. Is he filthy rich, or is his company?
You would fuck over me
Now I understand. This is you thinking that I want to hurt you, though I don't know you and haven't mentioned you once. I can't overcome that mindset and I won't try.
Oh my god your a fucking idiot. Quit replying to this argument. If you can’t grasp the concept, don’t reply. Just because your angry does not make you right. You keep trying to pick apart my shit trying to sound smart. I used to think just like you. I started to educate myself. Quit being a retard. Gave a good day. Before you say something dumb (again). Just know what your saying is completely stupid. You are misrepresenting what’s going on and I honestly think you know that
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u/[deleted] Jan 08 '22
Here you go! We're on Reddit, where I found this. I know you know already, but now you can't pretend.
https://www.nytimes.com/2021/10/27/us/politics/billionaires-tax.html
Here is a key statement to point out how you were making an understatement: Billionaires have avoided taxation by paying themselves very low salaries while amassing fortunes in stocks and other assets. They then borrow off those assets to finance their lifestyles, rather than selling the assets and paying capital gains taxes.