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