2026-11-08 20:21 UTC
@jxyzn@evil.rodeo Billionaires don't hold that much cash in their bank accounts. They like any investor do buy municipal bonds which go towards improving communities, and they collect the interest the government pays after taxes are collected.
Replies (1)
-
@zz_james@mastodon.social 2026-11-08 23:15
@scuti@stereophonic.space @jxyzn@evil.rodeo yes they helpfully don't pay taxes but loan the money to government and get more back in return