Financial Education #45: The Harder You Work, The More You Are Taxed
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Working hard is the employee mindset. However, when you work for money be it your salary or payslip, you are in the highest tax quadrant possible.
An investor can be taxed as low as 0%. A business can be taxed as high as 20%. A sole trader can be taxed as high as 40%. As an employee you can be taxed as high as 60%.
Working hard, as an employee, gets you taxed the highest.
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