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A comment on Europeans drain billions from banks, fed up with shrinking savings. Parent comment

Re:Europeans drain billions from banks, fed up with shrinkin... by throwaway19423 on Thursday May 04, 2023 @11:10AM (#35816604)
Regarding 1.8x, what is your tax rate? I have the same situation in Canada but my marginal tax rate is approx 50%. As such, it is better for me to pay down my mortgage (through early payments).
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Re:Europeans drain billions from banks, fed up with shrinkin... by MrDresden on Thursday May 04, 2023 @11:17AM (#35816733)
Currently the financial income tax is 22%, and is being taken into account when saying the resulting outcome is 1.8x the mortage interests.
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