2 ms·
Because rich people have can afford people that will help them avoid paying taxes. >if a billionaire buys a yacht for 100 mil he pays 20 mil VAT. Or he will hav
by me_me_me 7y ago
Because rich people have can afford people that will help them avoid paying taxes.
>if a billionaire buys a yacht for 100 mil he pays 20 mil VAT.
Or he will have some legal agreement with yacht owner in tax haven, to 'rent' a yacht for $1.
Paying 20c tax on 100mil 'purchase'.
Hey I didn't say that taxation was perfect :) it clearly isn't, especially nowdays when it seems that middle income class needs to carry burden of whole the country while top earners laugh all the way to their panama bank.