Replying to Avatar StreetRacer

Why not 100%? They are rich, they can live without income. Fucking Communists!
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TheGrinder 1y ago

Imagine taking 100% of a rich persons money... making them poor again. That would be a first. (This law will never pass and we know it)

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mike 1y ago

The UK had 91% tax from 1945 - 1963

https://www.wolterskluwer.com/en/expert-insights/whole-ball-of-tax-historical-income-tax-rates

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TheGrinder 1y ago

Didn't know that!

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mike 1y ago

But it’s not normally 90% of everything.

It’s normally (for example):

First 12K - no tax,

next 13K - 20% tax

next 50K - 40% tax

next 50K - 50% tax

anything above that 90% tax

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StreetRacer 1y ago

Hey, you are talking about European fucking politicians so, if you can expect the most stupid things to happen, you will always be fine...