• Aussiemandeus@aussie.zone
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    10 months ago

    Huh, in Australia you would be taxed 37 percent and anything over $180k is 45%

    So I’m sure closer to 50% coulr come down

    • frezik@midwest.social
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      10 months ago

      The US has a similar graduated system (32% for incomes over $192k for single fillers, plus whatever your state income tax is), but billionaires have access to a lot of loopholes that prevent their wealth from being counted that way.