Why can’t a middle class individual use the same tax avoidance methods as the ultra rich to pay little to no income taxes?

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Why can’t a middle class individual use the same tax avoidance methods as the ultra rich to pay little to no income taxes?

In: Economics

27 Answers

Anonymous 0 Comments

You gotta spend money to save money on taxes.

The problem is the rules are not proportional — they are based on sums, not percentages of income.

So Jeff Bezos can spend 0.001% of his income and qualify. The middle class need to spend 10000% of their income.

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