Millionaires? Ain't any mere millionaires among the "global super-rich". $100M is the bare minimum.
As a mere millionaire*, I know the tax system is blatantly unfair. In the year 2020 I worked full time and paid over 40% of my income in taxes, while many poorer people not only paid nothing in taxes, they were paid by the government and didn't have to work at all. It's the rich -- excluding these super-rich, probably -- who are paying the lion's share of the taxes in the United States. What these super-rich want is more taxes on this not-quite-so-elite group in order to maintain their own position at the top.
Millionaires? Ain't any mere millionaires among the "global super-rich". $100M is the bare minimum.
As a mere millionaire*, I know the tax system is blatantly unfair. In the year 2020 I worked full time and paid over 40% of my income in taxes, while many poorer people not only paid nothing in taxes, they were paid by the government and didn't have to work at all. It's the rich -- excluding these super-rich, probably -- who are paying the lion's share of the taxes in the United States. What these super-rich want is more taxes on this not-quite-so-elite group in order to maintain their own position at the top.
* and you can believe that or not