Why Nostr? What is Njump?
2023-05-29 01:31:33
in reply to

🎓 Dr. Freemo :jpf: 🇳🇱 on Nostr: npub14mmj8…tfm82 In the USa the billionaire tax rate is at about 30% (37% federal + ...

In the USa the billionaire tax rate is at about 30% (37% federal + 12% state give or take)... which is higher than most countries.

Also keep in mind most billionaires experience double taxation, the company itself is taxed, then the billionaire is taxed too.
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npub1ztdf3gaxd768ks6jdvdjg853ma3jhl2qtrw9xeyn3hyn9l5nzyvq5enwdy