rocketpig on 31 May 2012
| Kasz216 said: Honestly i don't think it's so much "The rich have found ways to lower there tax burden" as it is "How people get rich has shifted towards areas in which tax burdens are lower.". Way more people in the top .1% now a days are making money through investments because the investment market is huge. Few are making money via owning walmart, or a oppressive oil trust or whatever. |
Agreed 100%. But essentially, that's just another way of figuring out how to lower your tax burden. If you have the money, you can move it around to get it where the tax rate is most favorable. I don't blame rich people for doing it but I do blame the system for not compensating and adapting to fit with the times.
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