haxor@derp.fooMB to Hacker News@derp.fooEnglish · 9 months agoEU-funded report calls for wealth of super-rich to be taxed, not incomewww.theguardian.comexternal-linkmessage-square20fedilinkarrow-up1153arrow-down12file-textcross-posted to: technews@radiation.party
arrow-up1151arrow-down1external-linkEU-funded report calls for wealth of super-rich to be taxed, not incomewww.theguardian.comhaxor@derp.fooMB to Hacker News@derp.fooEnglish · 9 months agomessage-square20fedilinkfile-textcross-posted to: technews@radiation.party
minus-squaretty5@lemmy.worldlinkfedilinkEnglisharrow-up19·9 months agoSpain already does that and it’s enough to be regular rich - you get taxed on assets over 3 million euro.
minus-squareMoneo@lemmy.worldlinkfedilinkEnglisharrow-up3·9 months agoI know this is super lazy but if possible can you explain how this works in a sentence or two? Let’s say I have 5 million invested in stocks.
minus-squareexonac@feddit.delinkfedilinkEnglisharrow-up4·9 months ago5-3=2 then whatever is the percentage. Let’s say 1%. That’s 20k. You do your annual tax report and it will conclude you need to send 20k€ to the tax office. This in addition to any taxes you owe due to your earnings.
minus-squareMoneo@lemmy.worldlinkfedilinkEnglisharrow-up1·8 months agoThank you. I have more questions now but I should probably just google websearch it at this point.
Spain already does that and it’s enough to be regular rich - you get taxed on assets over 3 million euro.
I know this is super lazy but if possible can you explain how this works in a sentence or two? Let’s say I have 5 million invested in stocks.
5-3=2 then whatever is the percentage. Let’s say 1%. That’s 20k. You do your annual tax report and it will conclude you need to send 20k€ to the tax office. This in addition to any taxes you owe due to your earnings.
Thank you. I have more questions now but I should probably just
googlewebsearch it at this point.