Originally Posted By: dailydriver
Originally Posted By: eljefino
Which begs the question, does the CEO of walmart give more in taxes than he takes, or, by virtue of directing his minions through poverty, take more than he gives?
YES, THANK YOU!
I was going to point out all of the ultra-wealthy who pay NO taxes whatsoever, but still enjoy/use the benefits of whatever infrastructure is still left in this country, have to be labelled TAKERS (yes, even despite whatever low paying, working homeless/below the poverty line, 'service' jobs they "provide").
But of course, these maniacally greedy, would be monarchs can do NO WRONG according to most on here, and they will defend them vehemently, to the death, as 'givers'.
They pay taxes via the AMT or they earn the majority of income via capital gains which is taxed at a lower rate vs taxes on wages.
They also pay people (CPA's, Attorneys) big bucks to navigate the tax landscape.