Exactly: Time for just rich tax - zackzack.at

zackzack.at

Exactly: Time for just rich tax - zackzack.at

Our tax system is based on the principle: Those who have more can also contribute more. For super-rich, this principle is long outdated. Those with millions or even billions of euros pay lower tax rates than a middle-class family. Since our income tax is progressively designed for income from work, people who earn less than around 12,000 euros per year do not have to pay income tax. Someone who earns over one million euros per year has a top tax…