4 ms·
Do note, dollar. In Europe the tax system works very different, e.g in The Netherlands they would tax you ~1.2% on the return of your stock investment tax plus
by LaurensBER 9y ago
Do note, dollar.
In Europe the tax system works very different, e.g in The Netherlands they would tax you ~1.2% on the return of your stock investment tax plus the other taxes that you would pay means that for middle class incomes saving 1 million is basically impossible.
I assume that GB works exactly the same.
- petercooper 9y agoNot really. In the UK we have "ISA" accounts which let you invest something like £20K per year at the moment and all gains are tax free. So after ten years you could have a £200K+ portfolio earning whatever. Except most people don't have £20K a year to invest, of course..