Tuesday, October 29, 2019

Why a $15,000,000,000 inheritance can bankrupt you in SOUTH KOREA?

The 65% inheritance tax of South Korea is keeping the owner of Samsung alive as long as is possible!



A wealth tax or an inheritance tax are pretty much the same except for the timing of when the taxes are due! A wealth tax is government sanctioned plunder, a crime, if an income tax has existed! It is double taxation! At 65% in South Korea it is even expropriation!



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