Beaver@lemmy.ca to politics @lemmy.worldEnglish · 6 months agoThe left-wing French coalition hoping to introduce 90% tax on richmessage-squaremessage-square44fedilinkarrow-up1500file-text
arrow-up1500message-squareThe left-wing French coalition hoping to introduce 90% tax on richBeaver@lemmy.ca to politics @lemmy.worldEnglish · 6 months agomessage-square44fedilinkfile-text
https://ground.news/article/the-left-wing-french-coalition-hoping-to-introduce-90-tax-on-rich_95e7c5?utm_source=mobile-app&utm_medium=article-share
minus-squareMaggoty@lemmy.worldlinkfedilinkarrow-up37·edit-26 months agoYou have to remember in Western countries it’s usually progressive brackets. So they’re paying 90 percent on anything past 400,000. You never have a net loss to taxes just for making more money in such a system.
You have to remember in Western countries it’s usually progressive brackets. So they’re paying 90 percent on anything past 400,000. You never have a net loss to taxes just for making more money in such a system.