Re:Global minimum corporate tax: 130 nations to support U.S....
by refurb on Thursday July 01, 2021 @09:58PM
(#27707125)
Enough to offset the EITC? Most low income folks pay a negative tax rate.
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Re:Global minimum corporate tax: 130 nations to support U.S....
by medvezhenok on Friday July 02, 2021 @10:32AM
(#27712016)
I would consider also consider basic rent & food as sort of a "survival tax" if you will, and count it into the equation.
The only useful number is not % tax difference between rich & poor, but % leftover for discretionary spending.