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He is not saying "income tax rate is 50%". Please pay attention. The half of the income comes from the estimates of how much you pay taxes in total. Including p
by pandaman 13y ago
He is not saying "income tax rate is 50%". Please pay attention.
The half of the income comes from the estimates of how much you pay taxes in total. Including property, sales tax, various fees and tariffs, and, most importantly, portion of corporate and other taxes that the consumer pays as part of the prices of goods and services.