Re:Modeling a Wealth Tax
by doukdouk on Tuesday August 18, 2020 @10:56AM
(#24199390)
The extreme case of this is France, where the "income tax" (90B€/year, progressive) is not the largest income tax. Rather, it is the "generalized social contribution" (124B€/year, flat rate). Of course, public discourse is focused on the income tax (50% of households don't pay any tax whatsoever!), not the main tax on income.
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