4 ms·
I don't get this. If the 75% tax is paid by companies rather than individuals, won't the individuals who own these companies still effectively be taxed at this
by marvin 13y ago
I don't get this. If the 75% tax is paid by companies rather than individuals, won't the individuals who own these companies still effectively be taxed at this rate? A $1 million tax is a $1 million tax regardlss of whether it is applied when the money hits the company' bottom line or when it hits the owners' bank accounts.
- yodsanklai 13y agoMy understanding is this particular tax on high salaries is paid by the employer. Suppose you pay an employee more than 1 million euro yearly, you'll have to pay about 75% tax for everything over 1 million euros. Apparently, this only for 2013 and 2014 and it concerns about 1000 employees, including something like 100 soccer players.