Yes, a lot of billionaires don't pay personal income taxes, however, their businesses likely pay hundreds of millions, if not billions in Federal, State, and Local Taxes.
All the Best, & God Bless.
Yes, a lot of billionaires don't pay personal income taxes, however, their businesses likely pay hundreds of millions, if not billions in Federal, State, and Local Taxes.
All the Best, & God Bless.
I expect they play the system to minimise what they pay in ways that regular folk can't. They can still live really well if they pay what is due. I've heard some say they would pay more as they want to live in a decent country.