AfterNova@lemmy.world to Ask Lemmy@lemmy.world · edit-21 month agoDo billionaires have most of their income taxed as ordinary income or capital gains?message-squaremessage-square27fedilinkarrow-up161arrow-down11
arrow-up160arrow-down1message-squareDo billionaires have most of their income taxed as ordinary income or capital gains?AfterNova@lemmy.world to Ask Lemmy@lemmy.world · edit-21 month agomessage-square27fedilink
minus-squareunknown1234_5@kbin.earthlinkfedilinkarrow-up8·1 month agothey avoid having to pay taxes by getting paid in ways that dont qualify as income and by taking out continuously bigger loans each paid off by the next, along with other such loopholes that I dont know off the top of my head
they avoid having to pay taxes by getting paid in ways that dont qualify as income and by taking out continuously bigger loans each paid off by the next, along with other such loopholes that I dont know off the top of my head