If you earned a billion dollars in salary, you'd owe about $370 million in federal income tax. But ProPublica estimated the 25 richest Americans paid income taxes equal to just 3.4% of their wealth growth (2014–2018). A typical working household paid about 14%, counting payroll taxes. One strategy: buy, borrow, die — explained in 94 seconds. #Taxes #BuyBorrowDie #Billionaires #IncomeTax #ProPublica #Money #Finance #Economy #LearnSomethingNew
