4 ms·
As a rate - but not as what matters - actual money. I would expect wealthy to pay a smaller percentage. As an example - 1% of $1B = $10M. 30% of $40k = $12k. T
by czbond 6y ago
As a rate - but not as what matters - actual money. I would expect wealthy to pay a smaller percentage. As an example - 1% of $1B = $10M. 30% of $40k = $12k.
They still pay more in actual dollars. Dollars are what people are after here.