🇳🇱
Please feel free to explain specifically where you think i went wrong. I deal with these sorts of taxes daily as the EVP of a company.
@freemo @pmonks @QasimRashid
Now Dr. Explain to us how tax credits and tax write offs work to lessen the tax burden for the wealthy. Not to even mention the tax deferrals offered in 401ks and IRAs. So the real question is not what is the tax bracket you're in but what is the effective tax rate you actually pay. That's why Buffet says his secretary pays more in tax than he does.
Follow
Yes they legally use the writeoffs and other benefits availible to everyone. If there is a specific writeoff you feel is unjust or only applies to the wealthh im open to discuss
@freemo @pmonks @QasimRashid sorry I'm a little behind on this thread, right now. It's just the "cry me a river" over how high my tax bracket is, is a bit over done. Here is a question for everyone, what are the purposes for taxes anyway. If you say to pay for federal policies and programs, well, you been duped.