They probably have a really good tax guy, especially if they’re making that much. Average is typically 15-30%, and it usually depends on how you go about your taxes. Depending on deductions, especially if you own a business, and the more you can pay a (high level) tax guy, the less you pay in taxes. It really do be like that.
I’m not American, is this a joke or do you really pay 3.5% effective tax rate?
They probably have a really good tax guy, especially if they’re making that much. Average is typically 15-30%, and it usually depends on how you go about your taxes. Depending on deductions, especially if you own a business, and the more you can pay a (high level) tax guy, the less you pay in taxes. It really do be like that.
Disgusting.