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How is the tax percentage in the USA? In Brazil if i get rich

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Thread images: 3

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How is the tax percentage in the USA? In Brazil if i get rich with Bitcoin or Trade for exemple, i would have to give away about 30% of all my money to the gov.

How much is that tax in the USA and in other European countries?
30% is theaft!
>>
>>1819922
Most people are going to have an effective rate under 20% for federal income tax. You would have to be very wealthy to have a 30% effective rate.
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>>1820015
Got it, thanks.
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>>1820015
You mean 39.5%, then you have state and local taxes, then corporate and sales tax, operational and employment protection payments, etc. So if you have a business in america, you're screwed. Hence why alot of american businesses are HQed in ireland, swiss, and other tax havens. The only reason for companies to domicile their taxes in america is patriotism.
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>>1820268
yes. it does depend on state. In texas it's nice. In California or Illinois it's like living in Spain or Poland paying taxes to a legislature unsympathetic beyond the liberal burghers plight.
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>>1819922
In the UK it's 0 % on an IRA account for the first 10 000 pounds I think.
Here in Denmark it's 27 % for the first 48 000 dkk (around 7000 dollars) and after that it's 42 %
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>>1819922
Depends on the state
>New York its 30% state and 30% federal if over 500k
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>>1819922
cash it all in hongkong.

Build a paper company and cash it through ur company which u pay 0% tax.

Bring it to USA or wherever you want to go, pay much less tax to bring that money to usa because they have adjusted tax rate since taxrate difference between USA and hongkong is immensely different
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>>1819922

30% is too damn high especially considering brazilian government does little to improve country.
>>
0% in Switzerland.
>>
If I get rich on /biz/ memes, I'll fund a BR revolution so you guys don't have to be impoverished slaves of your uncaring government.
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>>1819922

Us treats bitcoin as a commodity for tax purposes. You'll have to pay capital gains tax on any appriciation that occurs. I think it is 15 percent.
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>>1820394
It's not that bad for traders in Poland.
We pay 19% yearly.
>>
>>1819922

DK

If stocks = 24% tax the first app 5.000 euro, 48% tax for the rest

About 45% on regular wage

Suck it up Hue-monkey, you have it easy
>>
>>1819922
The same or worse.

Them we have to have health insurance or get fines - tax.

Then car tag an insurance

Death tax

Property tax

Anual income tax

Sales tax.
We are more fucked then u eurocucks we just hide it better.

Our crash will be an overnight clusterfuck
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>>1820268
Not to mention emoloyer must match 7.5% of the 15% medicare or medicaid or wtf ever. So there is 7.5% pre taxed income gone...
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>>1820268
Calculator I played with said you can make something like $500,000 before you hit a 30% effective rate ($700,000 for married filing jointly). I consider that to be very wealthy. Maybe OP is such a big-dicked baller that's not a lot of money but if that were the case I'd also assume he wouldn't be soliciting tax advise on /biz/.

There are also like 8-9 states that don't have a state income tax or only tax interest/dividends.
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>>1819922
Check tax brackets, Lithuania has 15 income tax flat. Switzerland varies, can be under 10%
>>
in switzerland we pay 0% on money made off of investments, which makes sense because if we lose the money nobody will pay us anything either... Goddamn the more I read about how shitty other countries in the world are on this forum the more i realise how fucking lucky I am to be born here... We have all the best advantages of capitalism and socialism without any of their cons. Nowhere else in the world is close.
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>>1820268
While the magnial taxe rate in th US is 39.5%, the average effective tax rate is is 27.1, which is actually below the average of 27.7% of the other OECD nations.
>>
>cashing out you bitcoin for memefiat
>not just moving into a tax heaven paradise island and living off bitcoin there
>>
>>1822500
Switzerland is becoming a bitcoin haven. Tons of infrastructure being built there. Future bitcoin rich holders will move there. Hold 21 BTC for 10 years and retire in switzerland.
Of course, you have to take into account living in switzerland is expensive, so maybe at the end of the day is the same shit.
>>
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Welcome to the Netherlands

portion of your yearly income = percentage of that portion that is taxed

€ 0 - € 19982 36,55%
€ 19982 - € 33791 40,80%
€ 33791 - € 67072 40,80%
€ 67072 > 52,00%

somebody with a income of 48k pays 19982*0.3655 + (33791-19982)*0.408 + (48000-33791)*0.408 for income taxes
Thread posts: 23
Thread images: 3


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