I keep hearing people say "tax the rich" but how do the rich not pay taxes? (sorry for the dumb question, I don't know much about this)

but yeah,

I'm really uneducated with this type of stuff, but am trying to learn 👀

plz b gentle

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BlueVeins · 22-25

The income tax rate is what working people pay; it's the tax on our paycheck. The capital gains rate is what people pay on stocks & bonds (among other things). The rich make most of their money through stocks & bonds, and in my home country, the capital gains rate is much lower than the income tax rates are.