Taxable Income: What It Is, What Counts, and How to Calculate
Taxable Income: What It Is, What Counts, and How to Calculate
5 months ago
investopedia.com
Musk doesn’t even bother with a salary. Why would he? Your income gets taxed. His wealth doesn’t. In the EU, ordinary people pay 80% of all taxes. Corporations? 8.9%. Wealth tax? 0.4%. Basically: spare change. But sure, while you calculate if you can afford groceries, Musk is on his way to becoming the first trillionaire. Totally normal. Meanwhile in Nairobi, countries are trying to fix this circus with a global tax deal. A simple 5% wealth tax in the EU could raise €286 billion. But yeah, let’s
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