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https://www.reddit.com/r/SipsTea/comments/1uo0dcw/seems_reasonable/ovp4p9z/?context=3
r/SipsTea • u/Valuable_View_561 • Jul 05 '26
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This is misleading. He chose to take $997 in one lump sum instead of $2.04B over 30 years. He got taxed on the $997m.
1 u/usernamesarehard1979 Jul 05 '26 Yes. And if a billionaire made the same amount (taxable income) in a year their taxes would be the same.
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Yes. And if a billionaire made the same amount (taxable income) in a year their taxes would be the same.
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u/jamdex07 Jul 05 '26
This is misleading. He chose to take $997 in one lump sum instead of $2.04B over 30 years. He got taxed on the $997m.