Reply to post: Re: Simple solution to Dell's problem

Should the super-rich pay 70% tax rate above $10m? Here's Michael Dell's hot take for Davos

John Brown (no body) Silver badge

Re: Simple solution to Dell's problem

As I understand it, the proposed tax was on annual income above $10m. You'd need a lot more in the bank than "just" $10m to incur that tax since only the interest is income. Added to all other taxable income you may have too, but no, it's nothing to do with your savings.

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