Taxation

Taxation of the Rich

On July 20, 2021, the world’s richest man: Jeff Bezos flew to space alongside his brother Mark Bezos. The suborbital flight lasted over 10 minutes, reaching a peak altitude of 66.5 miles (107.0 km). The flight qualified him as an FAA commercial astronaut. It is estimated that this short flight […]

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How Rich People Avoid Taxes

Taxes are those compulsory financial charges or some other type of levy imposed on a taxpayer by a governmental organization in order to fund government spending and various public expenditures. […]

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