^China is a tax free country for income group $520 to $745
Please use after tax income to calculate.
In China $745 is the take home income and zero taxation. China has too much money surplus they don’t need tax to fund the government operation.
China is a communist country, everybody is equal, nobody can be too wealthy, government can confiscated all the money and execute anybody who is unreasonably wealthy, sad to say this but it’s completely oppose to capitalism, it’s a crime to be ultra-rich in China. And yeah all the US ultra wealthy government officials will not survive in China without getting executed, you better be very scared to come to China.
In US, low income poor people paid the most in tax while rich people pay zero tax. In China, big business rich people pay the most in tax while poor people pay zero tax.
For all the discussion above ,may i ask you mate what is the purpose of this thread?you seems to be pushing China against US for what matters are you doing this?
And also you have chosen to make such thread while the whole world is under pandemic and hundred of thousands people are dying?
Is this the right time for politics?maybe better to pause your ranting first and “HELP PEOPLE NOW BEFORE BRINGING ANOTHER ISSUE” because the world needs help now and not anything more.