|
|
|
|
|
|
by cyrusradfar
4090 days ago
|
|
|
Flat tax is a policy that some advocate in the US where there aren't tax brackets and everyone is basically required to pay, for example, a flat 30% tax. In Andrew's case, he says 50% of all proceeds that are greater than the financial freedom limit. That means if you have 1B over you pay $500M and if you have $10M over you pay $5. That $5 million may seem like it has more of an impact to the latter person. Does that clarify it @cespare? |
|
|