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BUYING BASICS Taxes are the largest transaction cost, from 6 to 7 percent of the sales price, according to Mr. Reguis.
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And apart from the personal allowance, so you can earn enough to cover the basics tax free, if you earn twice as much, you should pay twice as much in tax.
Should even the super-rich not be required to pay their basic taxes first?
In addition to the many tolls and tariffs, corvée, and the like, the two basic taxes were the land and poll taxes.
It includes a wealth of basic tax-planning advice.
Pension tax relief should be equalised for rich and poor at the basic tax rate.
"I think we're putting in place at an earlier time basic tax restructuring".
But for reasons that defy basic tax fairness, it avoids all inheritance tax.
Companies like H&R Block and programs like TurboTax have sucked away much of basic tax preparation.
The book includes helpful chapters on estate planning and taxation of small businesses, as well as basic tax-saving strategies.
· The basic tax rate in Portugal is 25%, rising on a sliding scale to a top rate of 40%.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com