{"id":318,"date":"2024-05-18T07:07:31","date_gmt":"2024-05-18T07:07:31","guid":{"rendered":"https:\/\/lighteningweightloss.com\/wealth\/?p=318"},"modified":"2024-05-18T07:07:31","modified_gmt":"2024-05-18T07:07:31","slug":"how-the-rich-avoid-paying-taxes","status":"publish","type":"post","link":"https:\/\/lighteningweightloss.com\/wealth\/?p=318","title":{"rendered":"How the rich avoid paying taxes"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"480\" height=\"270\" src=\"\/\/www.youtube.com\/embed\/t6V9i8fFADI\" frameborder=\"0\" allowfullscreen><\/iframe><\/p>\n<p>Capital gains taxes, explained.<\/p>\n<p>Subscribe to our channel! http:\/\/goo.gl\/0bsAjO<\/p>\n<p>The richest in America don&#8217;t make money like most Americans. Most people pay income taxes from a regular job. But many in the top 1% make money off their investments, like stocks, and pay capital gains taxes. While normal income has a maximum tax rate of 37%, long-term capital gains tops out at just 20%. Changing that rate, and some loopholes that benefit the wealthiest, is seen as one way to tax the rich.<\/p>\n<p>Read more about how the richest avoid paying income taxes from Vox:<br \/>\nhttps:\/\/www.vox.com\/22432338\/joe-biden-tax-plan<\/p>\n<p>And an investigation from ProPublica:<br \/>\nhttps:\/\/www.propublica.org\/article\/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax <\/p>\n<p>For more information about Elon Musk&#8217;s loans:<br \/>\nhttps:\/\/www.wsj.com\/articles\/elon-musk-techs-cash-poor-billionaire-11588967043<\/p>\n<p>Watch our full video catalog: http:\/\/goo.gl\/IZONyE<br \/>\nFollow Vox on Facebook: http:\/\/goo.gl\/U2g06o<br \/>\nOr Twitter: http:\/\/goo.gl\/XFrZ5H<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Capital gains taxes, explained. Subscribe to our channel! http:\/\/goo.gl\/0bsAjO The richest in America don&#8217;t make money like most Americans. Most [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":319,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-318","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lighteningweightloss.com\/wealth\/?p=318\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How the rich avoid paying taxes - Wealth\" \/>\n<meta property=\"og:description\" content=\"Capital gains taxes, explained. 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