4 ms·
no one pays the top rate today either. I've spent a large chunk of my adult life in the top 5% of income earners and I've never had an effective tax rate over 1
by iamtheworstdev 9mo ago
no one pays the top rate today either. I've spent a large chunk of my adult life in the top 5% of income earners and I've never had an effective tax rate over 17% that I can recall.
- loeg 9mo agoYour experience as a 95 %ile earner does not negate that people in the 99 %ile of earners pay the top rate. (I paid the top rate last year.)