3 ms·
> The most infuriating thing about the current tax system is that the magical $150K number (where the tax rate suddenly levels off) is in fact the exact point a
by theli0nheart 9y ago
> The most infuriating thing about the current tax system is that the magical $150K number (where the tax rate suddenly levels off) is in fact the exact point after which earning money starts to get easier. This is exactly the point when the tax rates should start really sloping up - Not the point where they should level off!
Can you reference the study or data supporting the assertion that making money gets easier after $150k per year?
Tangentially, income is (rightly, IMO) not based on effort or how easy the work is. I could punch the wall all day long, and end every day with bruised, bleeding knuckles, but even though that's hard work, no one's going to pay me much for that. Income is generally based on the value other's perceive because of one's effort.