Originally Posted by
costina
Don't the Rich set up a business so they don't pay the same Tax rate as us ???
Its just a shame that the middle class is being targeted once again to pay for other issues,which is most of us.
Just can't see any light at the end of the tunnel atm
Paul
No, they have the majority of their assets managed/registered off shore eg the caymen islands.
I expect you won't find a wealthy person (10mil+) paying more than 15% income tax and more likely under 10%.