Comments on: Higher Salary = Higher Tax http://life.antonypranata.com/2008/06/16/higher-salary-higher-tax/ The journey of my life... Sat, 22 Nov 2008 04:53:23 +0000 http://wordpress.org/?v=2.6.2 By: Antony Pranata http://life.antonypranata.com/2008/06/16/higher-salary-higher-tax/#comment-27740 Antony Pranata Tue, 17 Jun 2008 13:42:32 +0000 http://life.antonypranata.com/2008/06/16/higher-salary-higher-tax/#comment-27740 @Andrew: You are right, ultra-super rich people have ways to reduce tax. Here, if you have capital gain (e.g., buying/selling properties), only 50% of the capital gain will be taxed (not 100%). Robert Kiyosaki once said that middle-class people are disappearing. They are becoming, either poor people or rich people. @Andrew: You are right, ultra-super rich people have ways to reduce tax. Here, if you have capital gain (e.g., buying/selling properties), only 50% of the capital gain will be taxed (not 100%).

Robert Kiyosaki once said that middle-class people are disappearing. They are becoming, either poor people or rich people.

]]> By: Andrew http://life.antonypranata.com/2008/06/16/higher-salary-higher-tax/#comment-27724 Andrew Tue, 17 Jun 2008 05:34:37 +0000 http://life.antonypranata.com/2008/06/16/higher-salary-higher-tax/#comment-27724 HIGHER SALARY= HIGHER TAX = HIGHER SOCIAL SPENDING hence if you go poor, you wont need to worry about suffering if you're poor..however you'd have to tolerate ppl who exploit the loopholes. The pluses would be that the social security (crime rates, unemployment, etc) wont be nasty. This tax system however doesn't apply to the ultra-rich..i suspect that it occurs in Canada too, albeit more discreetly. http://www.guardian.co.uk/business/2007/oct/31/usnews HIGHER SALARY= HIGHER TAX = HIGHER SOCIAL SPENDING
hence if you go poor, you wont need to worry about suffering if you’re poor..however you’d have to tolerate ppl who exploit the loopholes. The pluses would be that the social security (crime rates, unemployment, etc) wont be nasty.

This tax system however doesn’t apply to the ultra-rich..i suspect that it occurs in Canada too, albeit more discreetly.
http://www.guardian.co.uk/business/2007/oct/31/usnews

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