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A comment on The wealthiest 10% of Americans own a record 89% of all U.S. stocks. Parent comment

Re:The wealthiest 10% of Americans own a record 89% of all U... by wbl on Monday October 18, 2021 @05:28PM (#28912008)
Not earning income is a way to avoid income tax.
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Re:The wealthiest 10% of Americans own a record 89% of all U... by throwawaycities on Tuesday October 19, 2021 @01:13AM (#28915076)
It might come as a surprise to you but the CEOs that don’t pay income taxes I’m referencing nevertheless receive compensation packages that put them in the 1% of the 1%.

They are tax strategies that aren’t available to the rest of us, otherwise everyone would have a s-Corp/LLC pay themselves $0 salary and take everything they make as a distribution of profit to avoid payroll taxes/Medicare/SS on income, when the little guy does that it’s called tax fraud.

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