People Twitter

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Did you pay your taxes? (lemmy.nz)

submitted 6 months ago by thal3s@sh.itjust.works to c/whitepeopletwitter@sh.itjust.works

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Related: Robert Reich posted earlier today that Tesla paid ZERO taxes on $5 billion in sales (earnings?), so that’s just fucking great.

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[–] RememberTheApollo_@lemmy.world 18 points 6 months ago

Income is the worst way to make money.

Which is why these rich clowns don’t make (relatively) much money. All of it is capital gains and loans. Taxed far less and not at all, especially when it’s routed through all sorts of expenses and shell companies.