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Ben Shapiro Fake Laughs At Elon Being A Prick To Bernie Sanders | The Kyle Kulinski Show

Secular Talk

November 22nd 2021

Support The Show On Patreon!: https://www.patreon.com/seculartalk Subscribe to Krystal Kyle & Friends On Substack!: https://krystalkyleandfriends.substack.com America’s billionaires avail themselves of tax-avoidance strategies beyond the reach of ordinary people. Their wealth derives from the skyrocketing value of their assets, like stock and property. Those gains are not defined by U.S. laws as taxable income unless and until the billionaires sell. To capture the financial reality of the richest Americans, ProPublica undertook an analysis that has never been done before. We compared how much in taxes the 25 richest Americans paid each year to how much Forbes estimated their wealth grew in that same time period. We’re going to call this their true tax rate. The results are stark. According to Forbes, those 25 people saw their worth rise a collective $401 billion from 2014 to 2018. They paid a total of $13.6 billion in federal income taxes in those five years, the IRS data shows. That’s a staggering sum, but it amounts to a true tax rate of only 3.4%. https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax https://news.yahoo.com/one-day-elon-musk-made-183429670.html Follow Kyle on Twitter: http://www.twitter.com/kylekulinski #KyleKulinski #SecularTalk


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