1. EachPod

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

Author
Opes Partners
Published
Wed 17 May 2023
Episode Link
https://podcasters.spotify.com/pod/show/propertyacademy/episodes/Billionaires-Pay-Less-Tax---The-Truth-Revealed--Ep--1344-e23ruib

In this episode, we discuss whether billionaires really do pay less tax than the rest of us.




This comes from a recent report from the IRD that suggested that the average high-net-worth individual pays less than 9% in tax.




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.




Ultimately, this helps you better understand and interpret the media headlines.

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