UP / Thumb of Michigan | Border - 2/11/2025 00:34
I never said income. I said taxes. Billionaires don’t have W2s. They borrow money against their assets for personal spending. You guys aren’t billionaires in case you didn’t know that.
Ok, why don't you break down this statement for us? The 3% vs the 20 to 37%?
"Why aren’t you upset that billionaires pay 3% tax rates while the people who do all the work pay 20-37%."
Your link you posted to back up your claim on the 3% tax rates clearly states "total income reported".
You're right, I doubt if there are any billionaires posting on here tonight. You seem to have a pretty good handle on how billionaires don't utilize W-2's and their loan info- I'd hope you could map that out for us wannabe billionaires. Indulge us please.
Wealth Growth Total Income Reported Total Taxes Paid True Tax Rate
Warren Buffett
Berkshire Hathaway Inc.
$24.3B $125M $23.7M 0.10%
Jeff Bezos
Amazon.com Inc.
$99.0B $4.22B $973M 0.98%
Michael Bloomberg
Bloomberg LP
$22.5B $10.0B $292M 1.30%your misguided
Elon Musk
Tesla Inc.
$13.9B $1.52B $455M 3.27%
I don't think you're going to spin anything to fit your narrative with any factual information at all. Because there really isn't any. At all. But I'm betting you'll keep right on trying anyway.
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