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This is grossly misleading. What I'd love to see is a chart that shows tax-paid-per-dollar-earned. I know it won't tell the whole story, but it'll tell a straig
by apitaru 10y ago
This is grossly misleading. What I'd love to see is a chart that shows tax-paid-per-dollar-earned. I know it won't tell the whole story, but it'll tell a straight story.
- criddell 10y agoYeah, you really do need more information to decide if that's fair or not. I don't really see a problem with tax brackets though (I'd rather see a formula though rather than discrete ranges). I'd argue that a lower income bound and upper taxation rate should be established - say $20,000 and 60%. That means that no person earning less than the lower bound will be taxed and no person will pay more than the upper bound in taxes. Then it's just a matter of describing a curve that satisfies those two constraints.
- lukeschlather 10y agohttp://www.itep.org/whopays/states/california.php http://www.itep.org/whopays/states/california.php