this post was submitted on 09 Aug 2022
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Late Stage Capitalism

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[–] [email protected] 6 points 2 years ago* (last edited 2 years ago) (1 children)

The worst part is, the taxes aren’t even low. The money is just spent on 3 trillion dollar jets that don’t work.

[–] [email protected] 1 points 2 years ago* (last edited 2 years ago) (1 children)

The taxes in California + federal is about the same in China lol

You get taxed like 33% when you hit 200k and like 40% when you hit 400k. Taxes are very high there

[–] [email protected] 4 points 2 years ago

Taxes are only “low” in the United States if you’re a rich oligarch who gets their money from stocks and dividends.