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Jan Schakowsky Introduces Bill To Raise Taxes For Wealthiest Americans
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Jan Schakowsky Introduces Bill To Raise Taxes For Wealthiest Americans
by Quiethawk Wed Mar 16, 2011 3:51 pm
This seems so fair, so of course it will never see the light of day.
http://www.huffingtonpost.com/2011/03/16/jan-schakowsky-income-tax_n_836624.html
http://www.huffingtonpost.com/2011/03/16/jan-schakowsky-income-tax_n_836624.html
Quiethawk- Elite Poster
- Posts : 707
Join date : 2011-02-12
Re: Jan Schakowsky Introduces Bill To Raise Taxes For Wealthiest Americans
by JaneWI Wed Mar 16, 2011 4:30 pm
Am I understanding this correctly? Let's say a person earns $373,651 in a year they are taxed at 35% for $1?
"Currently, the top marginal tax rate of 35 percent applies to income starting at $373,650, and the tax code fails to distinguish between earners making a few hundred thousand dollars a year and those making a few hundred million dollars a year."
"Currently, the top marginal tax rate of 35 percent applies to income starting at $373,650, and the tax code fails to distinguish between earners making a few hundred thousand dollars a year and those making a few hundred million dollars a year."
JaneWI- Monster Poster
- Posts : 2298
Join date : 2011-02-13
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