• aidan@lemmy.world
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      1 year ago

      None of them have billions in income, net worth isn’t income- unless you consider someone who owns a $200,000 house but with a $40,000 a year job having $240,000 income

    • habanhero@lemmy.world
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      1 year ago

      They do not have a billion in “income” otherwise they’d get taxed up their nose like regular people do. Their wealth is in their assets like stocks and properties which gets taxed at a far lower rate.