One of the easiest ways to make money when you have mega large income is to try and lower your taxes. Even a fraction of a percent could mean millions of dollars. Take a closer look at Trumps tax cuts and see how much the tax rate of the super rich was lowered. Might have been worth it for old Rudolph to do anything to get/keep Trump in office if it means eventually reducing taxes like that.
Rudy’s not one of these ultra rich people, though. Most estimates put him between $20-40 million net worth. That’s very wealthy, for sure; but nowhere near the ultra rich.
One of the easiest ways to make money when you have mega large income is to try and lower your taxes. Even a fraction of a percent could mean millions of dollars. Take a closer look at Trumps tax cuts and see how much the tax rate of the super rich was lowered. Might have been worth it for old Rudolph to do anything to get/keep Trump in office if it means eventually reducing taxes like that.
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Rudy’s not one of these ultra rich people, though. Most estimates put him between $20-40 million net worth. That’s very wealthy, for sure; but nowhere near the ultra rich.