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Man its really annoying to see people constantly make up this whole "rich people dont pay taxes" nonsense.. If you review their actual tax records you'll see Elon paid about 1/3 of his income as taxes and Bezos about 1/4, which is actually quite high. But yea lets just make shit up instead and manipulate the numbers to show some "true" tax rate that is really just some fantasy as close to 0 as we can distort, cant just make up fake numbers and think its useful to addressing any problems that might exist.
QT: https://botsin.space/@intengineering/106380661037102074
@freemo The question here is how much of their wealth growth is actually part of their income?
Sure Jeff Bezos can’t/doesn’t just dump $99 Billion worth of stocks in a year given market considerations.
But how much of it does he?
0? 2B? 10B? 30B?
Should that be included in his effective tax rate?
That’s a fair question to raise, don’t you think?
