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A comment on Uber used 50 Dutch shell companies to dodge taxes on $6B in revenue. Parent comment

Re:Uber used 50 Dutch shell companies to dodge taxes on $6B ... by throwaway2037 on Thursday May 13, 2021 @01:24PM (#27144744)
If unclear, the "reasonable effective income tax rate" was for the top 1%.

1) Where do you live?

2) Are you in the top 1%?

3) In your location, what is the effective income tax rate for top 1%?

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Re:Uber used 50 Dutch shell companies to dodge taxes on $6B ... by thrwhizzle on Thursday May 13, 2021 @11:55PM (#27150518)
Texas.

That would depend on how you classify 1%.

The effective tax rate for an individual earning $400k would be around 31%.

Like I said, even approaching 40% is obscene. 50-55% is absolute thievery. I would relocate from Texas if my effective tax was even close to 40%.

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