3 ms·
A place can still be good for business and still tax personally wealthy people at a high-ish rate. Sane and easy to understand regulations, fast and competent p
by vel0city 3y ago
A place can still be good for business and still tax personally wealthy people at a high-ish rate. Sane and easy to understand regulations, fast and competent permitting processes, good labor stock, easy capital access for business growth, etc. are all separate from making extremely wealthy people pay 35% effective tax rate instead of only like 10%.
https://projects.propublica.org/americas-highest-incomes-and-taxes-revealed/ https://projects.propublica.org/americas-highest-incomes-and...