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Re:Munich court tells Netflix to stop using H.265 video codi... by esarbe on Tuesday November 14, 2023 @04:31AM (#38261017)
Warren Buffet famously pays taxes at a lower rate than his secretary.

https://abcnews.go.com/blogs/business/2012/01/warren-buffett...

This is an anecdote but there's no reason to expect that this doesn't apply to his classmates.

So, yes; given all the rebates and loopholes and shenanigans that the rich and mega-rich can use, the proportion of income is lower.

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