Submitted by MarvelsGrantMan136 t3_126090e in television
Less_Tennis5174524 t1_je7emtf wrote
Reply to comment by root_fifth_octave in Warner Bros. Discovery CEO David Zaslav’s 2022 Pay Package Hits $39.3M by MarvelsGrantMan136
Most likely he will be paid via a personal holding corporation and then pay himself via dividends to reduce the tax burden.
If he really wants to reduce taxes he will just take loans and only take personal income to pay off the interest. Its called "borrow and die" and its how the ultra rich basically avoid paying taxes.
Schemes like these are why the tax rate of personal income is irrelevant for the rich, they dont pay it at all.
huskersax t1_je8zut6 wrote
It's also why they make such a big deal out of trying to end the estate tax. It's their specifically to make sure Uncle Sam theirs one way or the other.
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