Billionaires Pay Less Tax?! The Truth Revealed ⎜ Ep. 1344

<p>In this episode, we discuss whether billionaires really do pay less tax than the rest of us. </p> <p><br></p> <p>This comes from a recent report from the IRD that suggested that the average high-net-worth individual pays less than 9% in tax. </p> <p><br></p> <p>Whereas a person earning $80,000 would pay 22% in income tax. We discuss how the IRD came to this conclusion and whether their conclusions are sound. </p> <p><br></p> <p>Ultimately, this helps you better understand and interpret the media headlines.</p>