livewithinyourmemes@lemmy.world to Political Memes@lemmy.world · 8 months agoBillionaire Bootlicker Logiclemmy.worldimagemessage-square19fedilinkarrow-up1441arrow-down111
arrow-up1430arrow-down1imageBillionaire Bootlicker Logiclemmy.worldlivewithinyourmemes@lemmy.world to Political Memes@lemmy.world · 8 months agomessage-square19fedilink
minus-squaregivesomefucks@lemmy.worldlinkfedilinkEnglisharrow-up5arrow-down4·8 months agoWell, any tax shenanigans is “easy” because they ain’t doing their own taxes. And the more they have to gain, the more they’ll pay an accountant. The book summarizes it as a “deal” but doesn’t say how many hours it takes a six figure account to fanagale into “legal”. But even if Gates had to pay a team of ten for a whole year to pull it off, it’s a lot better than 56% in taxes on $200 million. Not all of them will do it, but most people with that level of wealth got there by always making the choice that prioritizes profits over anything.
Well, any tax shenanigans is “easy” because they ain’t doing their own taxes.
And the more they have to gain, the more they’ll pay an accountant.
The book summarizes it as a “deal” but doesn’t say how many hours it takes a six figure account to fanagale into “legal”.
But even if Gates had to pay a team of ten for a whole year to pull it off, it’s a lot better than 56% in taxes on $200 million.
Not all of them will do it, but most people with that level of wealth got there by always making the choice that prioritizes profits over anything.