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This is fixed in most countries by creating brackets that stack. See: https://en.wikipedia.org/wiki/Progressive_tax https://en.wikipedia.org/wiki/Progressive_ta
by photonios 6y ago
This is fixed in most countries by creating brackets that stack. See: https://en.wikipedia.org/wiki/Progressive_tax https://en.wikipedia.org/wiki/Progressive_tax
You'd pay let's say 15% over the first 30k, and then 30% over the remainder.