Eli5 How does billionaires evade paying tax and not get arrested?.
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I’m pretty sure all these answers are correct but they are a combination of the lot of them, but ill also add one more. When you hear about “[person] paid no taxes last year” its often because they didn’t get paid. A lot of rich peoples wealth comes from owning things like shares as opposed to just having money, as the shares grow in value the owners wealth does too, but this doesn’t get taxed until they are sold.
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