1100
Billionaires should not exist.
(lemmy.world)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 15 Mar 2024
1100 points (94.7% liked)
Political Memes
5506 readers
2035 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
It’s not 6% tax, the expected returns for investments are 6% and those are taxed at 36%. The first €57k (or €114k with partner) are tax free. So if you have €1M invested and have a partner, they expect you to make €60k and let you pay €20k.
You can invest in a retirement fund (managed by you, if you like) tax free from your gross salary (up to a limit). You’ll pay income taxes over your pay outs when you retire. The conditions are that you can only use it for your retirement.