They make more cash in ten minutes than you will in your life time– and still pay a lower tax obligation rate.
“Nobody Suches As Paying Tax Obligations” Is the Only Point We Agree On
You can be:
- A leftist vegan running a solar-powered kombucha co-op in Rose city
- A truck-driving libertarian in Texas persuaded the internal revenue service is a deep-state psy-op
- Or that weird Uncle, who hasn’t filed considering that 2003 and assumes TurboTax is “spyware”
… and you ‘d still agree that paying tax obligations feels like an unwanted raccoon rummaging through your paycheck.
We whine, sure. Yet taxes are the expense for residing in a working society: roads, colleges, fire divisions, public transportation, which one park bench with the plaque dedicated to “Margaret, Who Loved Pigeons.”
The problem? You pay more– proportionally– than the richest people in the world.
The 0. 98 % Club
In between 2014 and 2018, a particular tech billionaire’s true tax price (taxes paid รท riches growth) was 0. 98 %
During that time, their ton of money swollen by nearly $ 100 billion