The more money you make, the more you have to pay in taxes, right? Not always. The ultra-wealthy typically take advantage of rules in the tax code which enable them to lower their effective tax rate. Warren Buffet has often pointed out that he pays less taxes than his secretary and Amazon famously paid zero taxes in 2018. So how exactly are the country’s biggest earners using the tax code to avoid paying taxes?
» Subscribe to CNBC: [ Ссылка ]
» Subscribe to CNBC TV: [ Ссылка ]
» Subscribe to CNBC Classic: [ Ссылка ]
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: [ Ссылка ]
Follow CNBC on LinkedIn: [ Ссылка ]
Follow CNBC News on Facebook: [ Ссылка ]
Follow CNBC News on Twitter: [ Ссылка ]
Follow CNBC News on Instagram: [ Ссылка ]
Subscribe to CNBC PRO: [ Ссылка ]
#CNBC
How The Rich Avoid Paying Taxes
How The Rich Avoid Paying Taxes
Теги
CNBCbusinessnewsfinance stockstock marketnews channelnews stationbreaking newsus newsworld newscablecable newsfinance newsmoneymoney tipsfinancial newsStock market newsstockswealth taxmillionaire tax hikebillionaire tax hikeincome taxesmillionaire taxeshow the rich avoids taxesWhy billionaires pay less in taxestax rate
