The US has a graduated income tax. The more you earn, the more you pay (before deductions.) At its maximum, income is taxed at 39.6%. That would generate substantial tax revenue if it actually applied to the people with the highest increases in net worth, but it doesn’t. The people generating the highest increases in net worth are doing so through investments, not paychecks. The tax rate on long term investments is 20%; which is lower than the rate paid by the people with the biggest paychecks, and lower than the rate paid by middle-income households. Skip the conspiracies, this is simple math and prudent financial planning, not tax dodge required. Make a lot of money by creating something, pay a high tax. Make a lot of money by investing in something, pay a lot less. Wealth grows from wealth, not income.
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