Why do billionaires pay less taxes?

Online Answer
Billionaires generally don't make their money from big salaries.
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Where do the billionaires keep their money? TLDR: Billionaires have billions of dollars worth of stuff (property, investments, etc), but not that much money. They keep their money in the bank..
Where do the billionaires keep their money? TLDR: Billionaires have billions of dollars worth of stuff (property, investments, etc), but not that much money. They keep their money in the bank..
614. 607.
  • China. 389. 324.
  • Germany. 107. 114.
  • India. 102. 106.
  • Russia. ...
  • Hong Kong. ...
  • Brazil.
  • While some billionaires live below their means, many spend their billions on real estate, private jets, yachts, and cars. Despite their lavish indulgences, many billionaires also donate billions to charity.
    Not all billionaires use credit cards While some billionaires do use credit cards, others are actively opposed to them. ... Regardless of how much money an individual may have, paying off a credit card balance each month is extremely important or the interest charges will soon start to outweigh the perks.