Newsom Vows to Stop Proposed Billionaire Tax in California

[angrychair]

39. I call BS

So the only option is to kiss their feet and cut their taxes?

I seriously doubt they pay any taxes at all. People get hung up on the amount without understanding the scaling. Saying a billionaire paid a million dollars in taxes sounds like a lot to someone only making 50k a year but it actually only represents a fraction of a fraction of their actual wealth and they often are paying significantly less of a percentage of their wealth compared to the average person.