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the article is calling for 91% marginal rate on the top income bracket. quite different than paying 91% of your income in taxes.
by tyw 14y ago
the article is calling for 91% marginal rate on the top income bracket. quite different than paying 91% of your income in taxes.
- rlanday 14y agoIt’s not really, if nearly all of your income is in the top income bracket getting taxed at that rate. And if most of your income isn’t in the top bracket, why earn that income at all if at least 91% is going to be stolen from you and the marginal return is so low?