@haxorMB to Hacker NewsEnglish • 8 months agoEU-funded report calls for wealth of super-rich to be taxed, not incomewww.theguardian.comexternal-linkmessage-square20fedilinkarrow-up1153arrow-down12file-text
arrow-up1151arrow-down1external-linkEU-funded report calls for wealth of super-rich to be taxed, not incomewww.theguardian.com@haxorMB to Hacker NewsEnglish • 8 months agomessage-square20fedilinkfile-text
minus-square@tty5@lemmy.worldlinkfedilinkEnglish19•8 months agoSpain already does that and it’s enough to be regular rich - you get taxed on assets over 3 million euro.
minus-square@Moneo@lemmy.worldlinkfedilinkEnglish3•8 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-square@exonac@feddit.delinkfedilinkEnglish4•8 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-square@Moneo@lemmy.worldlinkfedilinkEnglish1•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.