Discussion » Questions » Finance » What exactly is the "fair share" of someone's income that he’s earned that he should be able to keep?

What exactly is the "fair share" of someone's income that he’s earned that he should be able to keep?

Picture Money

Posted - November 3, 2023

Responses


  • 34452
    90%
      November 3, 2023 5:24 AM MDT
    1

  • 3841
    Jeff Bezos reportedly scooped up a $79 million mansion in Florida’s exclusive “Billionaire Bunker” island — two months after buying the home next door for $68 million.

    https://nypost.com/2023/10/13/jeff-bezos-buys-billionaire-bunker-florida-mansion-for-79m/

    Mark Zuckerberg’s $46.5 billion loss on the "Metaverse" since 2019 is so huge it would be a Fortune 100 company...but his net worth is up even more than that. Don't tell me the super-rich can't afford a wealth tax.

    Now, please tell me why their effective tax rate should be lower than my 24%.
      November 3, 2023 9:53 AM MDT
    2

  • 1502
    I don't know. As much as they can spend wisely? For billionaires, that's 0%, of course.
      November 3, 2023 12:01 PM MDT
    0