Hacker News

3943 readers

3 users here now

This community serves to share top posts on Hacker News with the wider fediverse.

Rules

0. Keep it legal

Keep it civil and SFW
Keep it safe for members of marginalised groups

founded 1 year ago

MODERATORS

haxor@derp.foo

151

EU-funded report calls for wealth of super-rich to be taxed, not income (www.theguardian.com)

submitted 1 year ago by haxor@derp.foo to c/hackernews@derp.foo

20 comments fedilink hide all child comments

There is a discussion on Hacker News, but feel free to comment here as well.

you are viewing a single comment's thread
view the rest of the comments

[–] Moneo@lemmy.world 3 points 1 year ago (1 children)

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.

[–] exonac@feddit.de 4 points 1 year ago (1 children)

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.

[–] Moneo@lemmy.world 1 points 1 year ago

Thank you. I have more questions now but I should probably just ~~google~~ websearch it at this point.