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Old 09-22-2021, 11:04 AM   #53
Enoch Root
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Join Date: May 2012
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Quote:
Originally Posted by Fuzz View Post
LOL. No one making $10 million is paying 40%. That's naive. They probably pay less than you or I.
Do you have any specific examples?

Because my experience, in working with people that are making 7 digits, is that they are paying quite a bit.

Does everyone do everything they can to minimize or defer how much they pay? Of course - that is how it works, as long as you remain within the law. But if you make money, you are paying tax.
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