Wealthy People vs. Taxes
Stuff They Don't Want You To Know
00:00
Wealth and Income Are Two Very Different Things
The rich pay less income tax on their salary, with theire still paying capital gains taxes if they sell their stock. A lot of people who become very, very wealthy become lionaires. They are profiting from the work one of their ancestors did. Thats not a ding on them at all. It's just saying, this is how the system works. And that's why, that's these wealth plans, you know, america, the land of temporarily embarrassed millionaires.
Play episode from 28:21
Transcript
