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Where are you seeing those US numbers? Effective rates for the wealthy in the US are often much lower than the expected rate due to deductions and loopholes.
by heurist 9y ago
Where are you seeing those US numbers? Effective rates for the wealthy in the US are often much lower than the expected rate due to deductions and loopholes.
- rayiner 9y agoPaycheck city. What deductions and loopholes? For the most part, you're just talking about the favorable treatment for capital gains, which exists in Germany too. Indeed, Maryland's combined state+federal capital gains right is a touch higher than Germany's.