I thought we should bring some attention to this.
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Richest Americans: “You guys pay taxes?”
Starting next year they will be in the US too. We just had to wait for Trump’s cuts for the wealthy to expire.
Hmm, in USA, the richest 1% payed 42.3% of all income taxes in 2020.
Looks like they play the same game there as they do in the US. Get most of their income from investment vs actual salary, and of course the investment is taxed less than regular income.
I will never understand why capital gains should be taxed less than income. It’s in itself a statement against the working class.