You’re paying taxes — why aren’t billionaires?
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Politics

You’re paying taxes — why aren’t billionaires?

April 11, 2026
The Hill
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In California, roughly 200 billionaires collectively hold about 2 trillion in wealth. Yet much of that fortune goes virtually untouched by income taxes. Why? Because it isn’t treated as “income” at all.

You’re paying taxes — why aren’t billionaires?
The Hill
The Hill

Coverage and analysis from United States of America. All insights are generated by our AI narrative analysis engine.

United States of America
Bias: center
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