Tax Day Reveal --- Salaries are for Suckers

NY Times Podcast with Ezra Klein

Tax Lawyer explains why wage & salary income is for suckers.

Glad I learned that by age 30.

free link:
https://www.nytimes.com/2026/04/17/opinion/ezra-klein-podcast-ray-madoff.html?unlocked_article_code=1.b1A.vD-y.GhaD7vC-jdHW&smid=url-share

Note This is one of the best discussions I’ve seen of how the tax system really works. Watch & Learn.

Even the “little people” can take part in the light to zero tax rates billionaires enjoy if they start early enough – like when you’re a teenager.

intercst

13 Likes

Excellent article. Worth it it to take the time to read it before posting anything.

4 Likes

Yes, an excellent article.

If you want more detail here’s a book written by the interviewee, Ray Madoff:

4 Likes

Yes, Ezra Klein is worth listening/watching on almost any topic since he’s unusually good at finding experts and those knowledgeable on any given topic.

This one is very good on the U.S. tax system and, as a bonus, Ezra even says the word “macroeconomic” about half way through!

Pete

6 Likes

I am going to order it.

1 Like