3 ms·
I don't feel that it is. It's a marginal tax rate, not a flat 90%.
by c0nducktr 10y ago
I don't feel that it is. It's a marginal tax rate, not a flat 90%.
- candiodari 10y agohttps://en.wikipedia.org/wiki/Club_33#Origin https://en.wikipedia.org/wiki/Club_33#Origin So what I mean is that last time they had high marginal income tax rates holding shares would simply entitle you to a number of benefits, a famous one of which is Disney's Club 33. Lots of things were available though. Yachts, ski cabins, ... Needless to say, zero tax was paid on this. So good luck with that 90% tax rate. Not going to happen.