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B1 Mittelstufe Englisch 6:07 Educational

How the rich avoid paying taxes

Vox · 3,839,955 Aufrufe · Hinzugefügt vor 2 Monaten

Lernstatistiken

B1

GER-Niveau

5/10

Schwierigkeit

Untertitel (158 Segmente)

00:00

[Music]

00:02

this is warren buffett one of the

00:04

richest people in the world thanks to

00:06

the company he runs berkshire hathaway

00:09

basically it's a holding company that

00:11

just owns a bunch of other companies

00:13

geico dairy queen a huge railroad as

00:16

well as a lot of stock in other

00:17

companies like apple and coca-cola

00:20

so when those companies do well and

00:22

their stock goes up berkshire hathaway

00:24

stock goes up

00:26

when buffett took over the company in

00:28

1965 a single share was worth nineteen

00:30

dollars

00:32

today it's worth nearly half a million

00:35

dollars

00:37

buffett owns nearly 240 000 of these

00:40

shares

00:41

this is where his wealth is

00:43

but as he's been known for pointing out

00:45

warren buffett still pays a lower tax

00:48

rate than his secretary she pays at

00:50

twice the rate i pay i think that's

00:53

outrageous that's because they pay

00:55

different types of taxes his secretary

00:57

pays income taxes on her salary but

01:00

buffett mainly pays capital gains taxes

01:02

on his sold stock and that's taxed at

01:05

nearly half the rate

01:07

the wealthy

01:08

are definitely

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