Re:Spain and Brazil push global action to tax the super-rich...
by swat535 on Wednesday July 02, 2025 @02:37PM
(#44447299)
> Wow, a 45% tax starting at 60k is kinda unreal.
Most people don't understand how taxation works; in many places, there is progressive tax, which means you are not taxed at 45% or 50% or whatever, but only on the portions you make above certain thresholds.
Most people don't understand how taxation works; in many places, there is progressive tax, which means you are not taxed at 45% or 50% or whatever, but only on the portions you make above certain thresholds.