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On the contrary: you always target exactly "the guy earning 250k/y". Because people earning a lot of money but still earning through work are the easiest to tar
by rklaehn 7y ago
On the contrary: you always target exactly "the guy earning 250k/y". Because people earning a lot of money but still earning through work are the easiest to target, since they can not just move somewhere else easily.
- tomaskafka 7y agoThis. I'd love to see a histogram of tax revenue by income bracket.
- rklaehn 7y agoIn germany it is even worse. The tax rate is highly progressive, topping off at 50,5%. But the additional social security and penson payments are capped, so above a certain wage you actually pay less in total for social security, pension and taxes. There is a big hump which you need to overcome to become really wealthy. Of course once you are so wealthy that the majority of your income is passive income from e.g. stock market gains, the capital gains tax is at 25%. The situation is so bad that in relation to what your employer pays for you (Arbeitgeberbrutto), you get much less than 50%.