LogFAQs > #980360032

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TopicBillionaires pay less taxes than you
Lokarin
05/12/24 12:05:34 PM
#4:


ItIsSoOver posted...
I mean yeah... capitol gains come with a lot more inherent risk than regular wages, and so they get taxed less

I'm no billionaire but I for sure pay less taxes than you do too.

They pay a lower percentage than you do that's for sure, but the actual amount dwarfs what any individual working class person does.

Certain people (who probably share a lot of views with TC) aren't in favor of a flat tax, which could fix this issue but hey, its easier to just bitch about it I guess.

you didn't read the article... their personal income tax is 24%, compared to the national average of 25%

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