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I've been looking for reasons to retire, and if the tax rate were 90%, I'd be out.
by joshuaheard 14y ago
I've been looking for reasons to retire, and if the tax rate were 90%, I'd be out.
- yen223 14y agoLuckily no one is proposing 90% taxes then.
- Gustomaximus 14y agoDo you understand marginal tax rates? Hypothetically if tax rates did move to 90% on personal income this would most likely be triggered on such a high tier of income you would already be working because you want to, and not for financial need. Also once you average out the tiers leading to 90% you will pay a lot less than this 90% you're throwing out there. Edit: spelling