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And, in America, these are considered capital gains taxed at 15%.

Whereas, a person making $50k is taxed at 30% income, 10% payroll tax (i.e. social security) and an additional 10% in property tax.

$1 billion earned at 15%
$50k taxed at 50%

This is not considered tax evasion.

by Upstate NY on Mon Apr 12th, 2010 at 10:31:33 AM EST
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