3 ms·
That's not how tax brackets work. You would "only" keep 27% of your income over $10MM, but you would keep a much higher percentage of that first $10MM. > woul
by delazeur 11y ago
That's not how tax brackets work. You would "only" keep 27% of your income over $10MM, but you would keep a much higher percentage of that first $10MM.
> would you put in a million dollars of effort to net a quarter of that in return?
Even if I was paying 27% on the first $10MM, putting in $1MM worth of effort would get me a return of 170% per year.