OpenDNA⚙️ on Nostr: #[0] #[1] #[2] First of all, the top US tax bracket is 7x higher than the Dutch one, ...
npub1kpwlxpzkxfmuxjmzc2wp3rf9vjg0sgydmlhsnrgqr3maf59h86qqdxxzz4 (npub1kpw…xzz4) npub1wg4azfy2fnke6v692u8adyx3vqp0v9eyvfjujzp7ct52fwcsz82qln05nf (npub1wg4…05nf) npub1u3tka63yynzpd40nryz2fsrw39tedrxgfjdxpdtwf4hsr90usxfskpc6ug (npub1u3t…c6ug) First of all, the top US tax bracket is 7x higher than the Dutch one, and 12.5% less. The "OUTRAGEOUS" Biden proposal to raise the top income tax bracket would still have Americans earning ~€489k paying rates like Dutch earning €35k.
Second, even when top US rates were +80%, almost nobody was paying them. Why? Because the whole point was to redirect income into capital investments.
Second, even when top US rates were +80%, almost nobody was paying them. Why? Because the whole point was to redirect income into capital investments.