Money Guy Show cover image

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

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app