The carried interest loophole survives again

Re:The carried interest loophole survives again by ironSkillet on Tuesday August 23, 2022 @08:37AM (#32563979)

Suppose a poor person makes $20k a year, all of this immediately spent on necessities and taxed, say at 5%. So their net tax rate is 5%.

Now imagine a rich person making $200k, spending $100k taxed at 10% because of marginal increases, and saving the rest. The rich person also pays a net tax rate of 5%.

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Re:The carried interest loophole survives again by lotsofpulp on Tuesday August 23, 2022 @08:43AM (#32564051)

So you increase the tax rate for higher spending amounts, and/or lower the tax rate for lower spending amounts.

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