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South West MN | I don’t believe rich people end up paying those high taxe rates.
I know a guy who owns a hotels all over its USA, has a private jet to fly between the hotels. At each place he either has his own room in the hotel or a condo out in town fully furnished clothes toothbrush’s you name it, and a car to drive when he gets there. All of this is wrote off as business expenses. What is his true tax rate? He is writing off his ski house in Colorado. | |
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marginal tax rates
