@sserafim
I don't understand the point you're trying to make
And yes, that is one person's perspective. I do think we have seen a decline in culture in the US and if you look at the prevailing sociological model, it might just be a turning point since it does seem to be largely cyclical. Of course, I don't have a crystal ball.
The US has so much wealth, partly because of the large investment into the military, and also because of the ingenuity in this country. I'm not talking about the phenomenon of ultra billionaires because of tax laws or whatever I'm just saying the country's wealth.
I don't need to be dragged into a debate about how we should be taxing wealthy people. Because that's not the point that I am making at the moment and that's a completely separate issue.
A lot of those buildings and companies are not owned by him and simply get the licensing rights to his name because even if he is a joke, it is still a large brand in franchise.
Mark Zuckerberg, and a lot of other high-level very wealthy CEOs also do the same tax avoidance strategy, because there are three different types of income classifications (per the IRS). Earned, passive, investment. Earned is taxed the highest.
The way rich people make money vs the way poor people make money is totally different. Rich people have investments. They have these passive income streams from stocks and other things they own. And that income is treated differently than if you just go out and get a job and fill out a W2.
But yes,
he's a clown and a fraud and he has evaded taxes,
certainly in many illegal ways, too.