201 sats \ 0 replies \ @nullcount 24 Apr \ on: Biden’s Budget Proposal: Highest Capital Gains Tax Rate in 100 Years charts_and_numbers
Most people will spend 80% of their time trying to earn 20% more income
However, the rich spend 10% of their time to save from spending 40% of income to taxes
Its never been easier to avoid tax (legally).
The information is freely available to anyone who wants to minimize (what is often) their largest single expense.
This was not the case when Jimmy Carter raised taxes (for example)