Is McManus avoiding taxes or just living somewhere else? Does anyone have any real evidence that McManus is engaging in charity performances for tax benefits/personal gain?
Talking about billionaires not paying tax is like saying the sun will come up tomorrow. No ****.
The USA might have income tax for worldwide citizens... but the reality is something very different. Just like every country. Money does what money wants. And that's every country in the world.
Jeff Bezos, Michael Bloomberg, Elon Musk and George Soros are household names. They are worth billions and are among the wealthiest people in the United States. A recent report by ProPublica has found another thing that separates them from regular Americans: They have paid almost nothing in taxes.15 Jun 2021
Why Billionaires Pay So Little Tax - The New York Times
The U.S. Is Losing $1 Trillion Annually to Tax Cheats - The New York Times (nytimes.com)
Look at Trump's tax returns. But unless you can provide evidence and a report like this: Vast Majority Of Trump’s Charitable Giving Reportedly Came From Land Deals (forbes.com) Is there any point to setting up a thread on McManus and questioning his charities and taxes... Trump lives in the USA... McManus built a house in Barbados worth around 150 million about ten years ago. But the reality is, he's living between London, Dublin, Barbados, and where ever else he wants. His offices are in Geneva.
If you think McManus, or any billionaire or any billionaire company, are wasting their time handling their taxes you're mistaken. They have other people to do that for them. I'd imagine they have numerous different accounting firms keeping each other honest. They get advice from experts in the relevant field, they take the advice. They grow their businesses and pile up their money. It's an addiction. An obsession. You can't grow that kind of wealth without being completely addicted to money.
Here's how they do it:
Ten Ways Billionaires Avoid Taxes on an Epic Scale — ProPublica
