Here’s how bad it gets: In 2021, we learned that PayPal co-founder Peter Thiel had used a Roth IRA to avoid tax on $5 billion in gains. The next year, Thiel, who has openly stated that he doesn’t believe democracy and freedom are compatible, employed about two percent of the taxes he dodged to almost single-handedly buy a Senate seat for Sen. JD Vance (R-Ohio), who now is the GOP’s candidate for vice president.
https://thehill.com/opinion/finance/4878389-billionaire-problem-america/
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