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zarzavat
on Sept 1, 2024
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Buy, Borrow, Die – Explained
Usually, wealthy people pay capital gains tax not income tax. People who pay higher rate income tax are just normal people with a larger salary. Not every country works like this however.
johngladtj
on Sept 1, 2024
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The net tax rate after subsidies is essentially zero% for the bottom 50% in income terms.
_rm
on Sept 2, 2024
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Basically: if you're in the middle, you're lunch.
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