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[–] TheSeer 0 points 1 point (+1|-0) ago 

It is time normies understand the difference between wealth and income. The wealthy, billionaires, don't have income. They have wealth. They don't MAKE income. Their wealth increases. They don't pay income tax, they (sometimes) pay capital gains tax.

And of course their affairs are structured like this on purpose.

It doesn't matter WHAT level you tax income at! The WEALTHY are not going to be paying shit.