Font
Large
Medium
Small
Night
PrevPage Index    Favorite Next

Chapter 51: Dark Wall Street(2/2)

From the moment he came here, any of his financial transactions were very upright.

Everything goes through major banks and has records that can be checked.

Even for the income gained after investment, he is not stingy in paying taxes on these income.

To put it bluntly, he has paid taxes on financial income in the past ten months.

Probably more than giants like Goldman Sachs and Merrill Lynch pay.

This does not mean that he makes more money than these giants.

It's just that he was on guard against being messed with, so he didn't choose to avoid taxes and paid as much legal tax as possible.

In contrast, any Wall Street company will try every means to avoid taxes.

Most of this is legal, but a lot of it is reported.

It will definitely make people very angry.

Earning billions of dollars a year, only to pay tens of thousands or even hundreds of thousands of dollars in taxes at the end of the year.

Is this reasonable?

Many wealthy people also pay taxes in a year that are completely inconsistent with their income.

For example, Ah Dong, who has a net worth of over one billion and several billion, ends up paying hundreds of dollars in taxes a year.

Legal tax avoidance here in the United States is normal and legal.

But many of them are unreasonable.

Abel actually doesn't want to do this, because paying taxes properly is very painful.

But he knows the darkness of Wall Street and these protection fees.

Even if it hurts, he still turns it over to the IRS, the federal Internal Revenue Service.

In addition, he also likes to donate money.

Unlike those wealthy people who may appear to be donating money, they are actually donating it to their own private “charitable” funds.

The kind that goes from the left pocket to the right pocket.

His donations, like his donations to the New York police.

It's real gold and silver.

These donations and normal taxes are all protection fees he paid to prevent what happened today.

I am still young and want to remain independent.
Chapter completed!
PrevPage Index    Favorite Next