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> Its a marginal tax, so it won't even affect engineers making $500k, unless they cash in on a windfall. Arguing this point is apparently a lost cause. It's ho
by whateveracct 5y ago
> Its a marginal tax, so it won't even affect engineers making $500k, unless they cash in on a windfall.
Arguing this point is apparently a lost cause. It's how taxes have always worked in the US, but despite that you still have clearly educated high earners flipping out when they see a bracket start at nearly $500k as if the new marginal rate is going to gut them.
People love their money and always want more of it. Just admit it, people. I like mine too!
- ergocoder 5y agoThis convo also doesn't address fairness. It never addresses fairness. It is simply "you won't die without less money. Therefore, you must pay more".
- seanmcdirmid 5y agoI'm always really surprised how many people don't understand marginal taxation. Also, how tax rates are graduated tax could mean that someone could pay less in taxes in California than in Alabama (for low earners) is completely alien to them.