People delay income payments after the 1st of the year now
Posted on: March 2, 2021 at 08:41:48 CT
ummmm MU
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in order to avoid tax in an anticipated higher bracket for that year.
At the end of year, with the wealth tax, people will become cautious with their trades.
People will economize and adapt. But it doesn't change the fact that the income and wealth tax are equally bad.