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U.S. taxpayers who make $452k single/$509k married would have their top marginal tax rate increase from 37% to 39.6%. This will happen in 2025 anyways, assuming
by reportt 5y ago
U.S. taxpayers who make $452k single/$509k married would have their top marginal tax rate increase from 37% to 39.6%. This will happen in 2025 anyways, assuming Congress does with regards to the Tax Cuts and Jobs Act.
The people who this applies to generally fall into the Top 5% of Earners tax bracket (Top 5% in 2018 was $309k+). [1]
[1]: https://www.investopedia.com/personal-finance/how-much-income-puts-you-top-1-5-10/ https://www.investopedia.com/personal-finance/how-much-incom...
- Gibbon1 5y ago> taxpayers who make $452k single/$509k married I wish I was so unlucky!