
Why Wealthy People Pay Less Taxes Legally
Valuetainment
00:00
Income Tax
Income tax is always intended to be temporary. The idea is that it's a tax to pay for wars, right? And then it was supposed to actually go back and go away. But in this case they said, no, we gainto stay here. Now that we realize we can go from taxing four million to taxing forty one million, and you're not complaining about it,. We ain't changing it. I mean, that's just the way people are. It's insane to say guys, listen, we're going through tough times right now. We got to figure out a way to everybody take a cut or t happen to company.
Transcript
Play full episode