Re:Norweigan oil fund
by Scoundreller on Thursday August 01, 2019 @10:45AM
(#20584128)
But where/how does the money get spent?
Surely the government doesn’t burn it.
And a better metric would be to look at tax burden, because top marginal rates are just that: what you pay on our last dollar, not your first. Sales tax isn’t charged on rent/food/property so it’s only charged on a small percentage of one’s after-tax income.
Surely the government doesn’t burn it.
And a better metric would be to look at tax burden, because top marginal rates are just that: what you pay on our last dollar, not your first. Sales tax isn’t charged on rent/food/property so it’s only charged on a small percentage of one’s after-tax income.