Where is the world’s highest income tax?
Some places have 0% income tax; others exceed 60%. Which number tells the full story?
#taxrates — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #taxrates, aggregated by home.social.
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“the best available explanations for the huge rise in #wealth concentration at the top of the distribution emphasize the large decline in #tax #progressivity since the 1970s, which greatly reduced #taxrates on #high-income #individuals” open.substack.com/pub/paulkrug...
Oligarchy in Action: The Case ... -
Ed Flynn does his part to scuttle property-tax changes in time for tax bills to go out in January
https://www.universalhub.com/2024/ed-flynn-does-his-part-scuttle-property-tax -
https://open.substack.com/pub/popularinformation/p/trumps-48-billion-corporate-giveaway
#Substack #JuddLegum #tRump #taxtherich #CorporateTaxes #transferofwealth #Corporatocracy #oligarchy #Tax #Billionaires #Wealth #Inequality #FairShare #Law #TaxFairness #Profits #Policy #TaxPolicy #TaxReform #TaxRates
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This is a problem, for the first time in the history of the United States, billionaires had a lower effective tax rate than working-class Americans. The same problem also applies to countries in europe. Rich people can too easily avoid taxes. (giftarticle)
#NYT #taxrates #USA #billionaires #taxation
https://www.nytimes.com/interactive/2024/05/03/opinion/global-billionaires-tax.html?unlocked_article_code=1.qE0.1Zn-.suPDwq-AU_ox&smid=url-share -
Do High #Taxes on Our #Rich Make Any Sense?
Serious #taxrates, apologists for our #wealthy claim, can’t work. The stats suggest otherwise.https://inequality.org/great-divide/do-high-taxes-on-our-rich-make-any-sense/
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