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I saw this article listing the proposed new tax brackets. http://www.fool.com/retirement/general/2016/02/07/bernie-sanders-income-tax-brackets-how-much-would.a
by jpollock 11y ago
I saw this article listing the proposed new tax brackets.
http://www.fool.com/retirement/general/2016/02/07/bernie-sanders-income-tax-brackets-how-much-would.aspx http://www.fool.com/retirement/general/2016/02/07/bernie-san...
Personally, I can't afford a house in the valley, and the new brackets would cost me an additional $10-15k/yr, putting home ownership out of reach for a long time. In fact, the additional $10-15k/yr would put me close to not being able to afford my rent.
That's even before looking at the change to capital gains, which would tax them at the marginal rate.