Comment on But how would they be able to live on that?

mkwt@lemmy.world ⁨2⁩ ⁨months⁩ ago

• xintrik@lemm.ee ⁨2⁩ ⁨months⁩ ago

  Has he been paying taxes already?

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• alvvayson@lemmy.dbzer0.com ⁨2⁩ ⁨months⁩ ago

  That also seemed odd to me.

  I think they are confusing a wealth tax with fair taxation.

  The shown numbers seem to roughly correspond with what would be owed if they had paid fair capital gains tax over the past years. In other words, if all the tax loopholes were closed.

  Bill Gates just didn’t have nearly the same amount of capital gains over the past few years compared to Elon and Jeff.

  A wealth tax would tax then proportionally similar, so Jeff wouldn’t be paying 10x the tax that Bill G would pay.

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• _sideffect@lemmy.world ⁨2⁩ ⁨months⁩ ago

  He’s not ceo of MS anymore

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  • errer@lemmy.world ⁨2⁩ ⁨months⁩ ago

    It’s a wealth tax, not an income tax. According to these numbers his wealth is comparable to the other two, so why is his bill over 10x smaller?

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    • ThePantser@lemmy.world ⁨2⁩ ⁨months⁩ ago

      Probably something to do with charity or donations.

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    • _sideffect@lemmy.world ⁨2⁩ ⁨months⁩ ago

      That I can’t explain then

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  • EnderMB@lemmy.world ⁨2⁩ ⁨months⁩ ago

    Bezos isn’t CEO of Amazon. He’s still paying lots more.

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• disguy_ovahea@lemmy.world ⁨2⁩ ⁨months⁩ ago

  He’s not taking full advantage of Trump’s tax system, and has been speaking out against it.

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• ApollosArrow@lemmy.world ⁨2⁩ ⁨months⁩ ago

  Came here to see the discussion on this. My only assumption is he’s been paying more taxes than others. He’s been one of the few in favor of taxing the rich more.

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