“...pay at least 30 percent of their salary in taxes.”
My understanding is that for the super-rich their money is in wealth, not salary. Maybe I’m wrong.
RE: My understanding is that for the super-rich their money is in wealth, not salary.
They do have -— DIVIDENDS FROM STOCKS, INCOME FROM BONDS, INCOME FROM RENTALS, INTEREST FROM BANK ACCOUNTS (NOT ONLY HERE BUT OVERSEAS), CAPITAL GAINS FROM SALES OF ASSETS.
Capital gains taxes are going up after the fiscal cliff deal.