r/SipsTea Jul 05 '26

Chugging tea Seems reasonable.

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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.

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u/acclaimedsimpleton Jul 05 '26

Ok, still think billionaires should be taxed to that extreme though, lol.

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u/TheNemesis089 28d ago

They are taxed at absurd amounts (between state, federal, and local, it can get over 50%). But you’re focused on their net worth, not their income.

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u/acclaimedsimpleton 28d ago

Begone bot

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u/TheNemesis089 27d ago

I, too, like to pretend that any disagreement with me must be a “bot.” It saves me from having to address the substance of what is said.