Walmart heiress worth $17.8 billion quietly enters political discourse with New York Times ad declaring 'the dignity of

[exboyfil]

126. One thing I would like these ultrawealthy "liberals" do

Is get their accountants to report how much in total federal taxes they pay as a percentage of their wealth (both personal taxes and taxes paid through their corporations).

US wealth of $137T. Tax revenues excluding SS and Medicare of $3T. So about 2.1% of US wealth is paid in taxes necessary to operate the country. So how much do you pay as a percentage of wealth. I am around 7.5% not including the deferred taxes paid by the percentage of corporations I own through my retirement account mutual funds (so this numbers actually higher).

If the tax structure is only set up to tax ongoing economic activity (ie wage slaves and some corporate taxes), then how do we protect that $137T. Eventually the ultrawealthy are sitting on mounds of gold that they can pass on to their progeny without paying any taxes to protect that mound.