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> This is just patently false. The highest marginal income tax rate is 37%. Account for benefits phase outs as the tax on marginal income that they are and the
by AnthonyMouse 5mo ago
> This is just patently false. The highest marginal income tax rate is 37%.
Account for benefits phase outs as the tax on marginal income that they are and the marginal tax rate on lower income people is often well in excess of 37%. In some cases it has been in excess of 100% because many of the phase outs overlap and also combine with ordinary taxes.