Episode Details
Back to EpisodesTax Short - Is a 4% Wealth Tax the Same as a 120% Income Tax?
Season 1
Episode 16
Published 4 years, 6 months ago
Description
Jeff discusses wealth and income tax rates. We are used to thinking of tax rates on income. How do we think about tax rates on wealth? Luckily, there is an easy way to convert a wealth tax rate into an income tax rate, and, the result may surprise you.