
Do Wealthy People Pay Taxes?! (The Answer Might Surprise You)
Money Guy Show
00:00
Is That the Best Way to Calculate Your Taxes?
It seems like a bit of an unfair assessment to look at how much wealth increased and to apply a tax rate to that, because that's just not the way that our tax system is built. It also felt like pro publica excluded some key context. Elon musk was on this list because they took his 20 14 to 20 18 increase in his wealth. His wealth growth over that four year period was 13 point nine billion dollars. That's a huge number. But the context was completely missing from this. And usually businesso s and others aren't necessarily thinking about taxes. So i don't think elon is one. They're just looking at a point in time and trying to say
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