
Do Wealthy People Pay Taxes?! (The Answer Might Surprise You)
Money Guy Show
00:00
All Wealthy People Don't Pay Taxes
Tax foundation looked at how income is comprised across the top one % of earners from 19 50 all the way to 20 17. Ordinary income has actually been increasing, which is also subject to full taxation. So i think it's a limit of a misnomer that all wealthy people don't pay any taxes. We're in a progressive system where you pay more the more you make. Don't let somebody put that on you, gys. You can go from zero to one, to be a one per center in your lifetime if you will just practise some of the things we share.
Play episode from 21:24
Transcript


