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Perhaps you have never actually had to deal with the "incredible crushing burden" of a high tax bracket, but it does not work that way. The tax does not apply
by evgen 14y ago
Perhaps you have never actually had to deal with the "incredible crushing burden" of a high tax bracket, but it does not work that way. The tax does not apply to all earnings, only the earnings over a threshold. If you cross the threshold then it is all earnings over that threshold which are taxed at the higher rate; in your example someone who made 251000 would pay the higher rate only on the $1000 over $250000.