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thats an insult to socialists, China’s top income tax rate is far below California’s combined max income tax rate.


Uh? Where did you get that comparison? China's top income tax rate is 45%. I cannot see how that could ever be "far below" what someone's income tax rate would be in California (37% federal + 12.3% state). Mind that the top bracket starts around $140k in China, whereas in the US it's about $590k (federal or Californian).


yeah so we need a new category for California since they set thenselves up to seize more of the means of production than the communists/state capital socialists


Does China have a separate low-tax lane for capital gains like the US does?


yes, 20%




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