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Originally Posted by Winsor_Pilates
Source?
That sounds unbelievable.
Probably defining richest families based on old money equity; so they're not paying much tax on it now; since its not current earnings/income.
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Dude it’s been pretty well established that the US tax code heavily favours the ultra wealthy. You’re going to find all sorts of conflicting numbers and reports but what you don’t find very often is billionaires releasing their tax returns to completely discredit those reports.