The tax returns of wealthy individuals were leaked to the press, and articles about them were written on June 8, 2021 by The Washington Post, ProPublica, and others. Basically, the articles claimed to have assessed the individuals' total wealth and estimated a "true tax" of 3.4% that the individuals pay. But tax returns only assess Income Tax so any "true tax" paid is a misnomer when it includes non-taxable items. Plus, a person's wealth is a constantly moving target as it's tied to the Fair Market Value of what someone else would pay for those assets in an arm's length transaction. Wealth on paper is not the same as wealth in hand.

In this short-ish episode, Leah monologues what the public reaction to these articles tells us about ourselves and our views about money, what are some of the money rules that wealthy individuals leverage, and steps we can take to keep the needle pointed at ourselves instead of gossiping about others.