3 ms·
> Wow, a 45% tax starting at 60k is kinda unreal. Most people don't understand how taxation works; in many places, there is progressive tax, which means you ar
by swat535 1y ago
> Wow, a 45% tax starting at 60k is kinda unreal.
Most people don't understand how taxation works; in many places, there is progressive tax, which means you are not taxed at 45% or 50% or whatever, but only on the portions you make above certain thresholds.