He does not own stuff, his company does. He does not pay for his food, his company does. they probably more 40-50%+ of their income in taxes, if not more You can argue all day long that they should be paying more (I’m not gonna tell you what to think. Even In The Midst Of My Storm God Working It Out Shirt for the super billionaires. If you want to squeeze money from the later, you’ll need to change the tax rules specifically to do so. The point though is “taxing people making more than 400k” and “taxing Jeff” is 2 very, very different topics. Bundling them together adds a lot of distractions and make things fairly complicated. They’re not the same group of people, their incomes come from different sources, and people making 400k generally.
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On paper he has an income below what my middle-class household income ends up being, for years his reportable income has been around $81k. There’s definitely a problem Even In The Midst Of My Storm God Working It Out Shirt. Just because it’s not on a W2 or 1099 doesn’t mean it’s not going into his pocket somehow. Idk how to fix the tax code but it’s clearly broken if a man who owns yachts and jets and has multiple mansions is paying less in taxes than families whose assets include a 1100sqft ranch on a tiny lot with two cheap sedans. Do you have a source for his reportable income being $81k? Tax planning can reduce how much you pay, but there’s no way to just make billions without paying taxes on it.
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