DBA
Diamond Member
- May 10, 2015
- 13,185
- 11,894
I have no problem understanding they pay most of the taxes BFD They also hide away far more than they pay If I pay 35% whatever ,,why shouldn't they ?
If you pay an effective rate of 35% with our progressive system you have a terrible accountant, but, I understand your point. Many very wealthy people shelter income or don’t pay income taxes, but capital gains taxes. Keep in mind, that most states also have property taxes as well so assuming they have property values that match their net worth, they pay quite a bit there as well. It is the Democrats that are trying to give them a break on that front.