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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: PKRBKR who wrote (1026361)7/31/2017 10:23:59 PM
From: Bill1 Recommendation

Recommended By
Mick Mørmøny

  Read Replies (1) | Respond to of 1580614
 
He says nobody pays 39.6%, the top marginal rate. That is a lie.

Then he says nobody pays 39.6% effective tax rate. But that is because it is mathematically impossible for anyone to pay an effective rate of 39.6%, since the first couple hundred grand of income is taxed in the lower brackets.

The problem is that he doesn't know the basics of the tax code. And that's a requirement in order to argue for higher rates.