There’s a lot of blah blah blah about rising taxes for the rich. I used to like this idea when I didn’t have money, now I don’t like the idea of paying more taxes if I earn more. US president adviced to the White House to increase taxes (for that who earn more than $400,000 per year). With stimulus package and new infrastructure plan, tax increase and worldwide minimum corporate tax rate could become the reality.

The Biden administration proposed raising the corporate tax rate from 21% to 28% and tax rate increase from 37% to 39.6% for individuals earnings more than $400,000 per annum. But why to increase tax for individuals who make $400,000 and not for someone making $100,000?

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Trader, blogger, traveler

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