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[–] 3 points 11 months ago (2 children)

Certainly a bigger problem is how someone who can afford over $1M private jet would be in only the 35% bracket

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  • [–] 1 point 11 months ago (1 child)

    I'm out of the loop did they get rid of 39%?

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  • [–] 2 points 11 months ago* (last edited 11 months ago)

    Nope, you’re the only one who knows what’s going on!

    I was repeating the number from the person I replied to - it did cross my mind that there’s a higher bracket, but I took the number - the existence of one more bracket doesn’t really change anything. Why do the brackets end when there are so many people so much wealthier? While I understand wealthy people tend to get money through other types of income, and that’s an even bigger issue, we should have more brackets. It seems like everyone agrees to have a partly progressive income tax (disregarding other types of income) with brackets so wealthier people pay a higher percentage, it shouldn’t end at what may be considered the lowest income of the wealthy.

    Edit: 37%

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