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re: How much wealth do you need to join the 1% club in your country?
Posted on 2/29/24 at 11:33 am to mmmmmbeeer
Posted on 2/29/24 at 11:33 am to mmmmmbeeer
quote:
tell me you have zero idea how percentages work without telling me
you are dumb
the more you make the higher percentage of your income you pay...wtf are you talking about
we have an income tax, not a wealth tax. too stupid to understand that
1
Posted on 2/29/24 at 12:41 pm to lsu777
quote:
the more you make the higher percentage of your income you pay...wtf are you talking about
W-2 employees, yes. The 1%, you're kidding yourself. The realized tax rates for 1%ers are consistently <15-20% while Joe Schmoe the office worked making $175k is paying 30%+.
I'm surprised how many of you have no idea just how gamed the system is.
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