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| Re: Ocasio-Cortez suggests raising taxes 70% (1588343) | |||
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Re: Ocasio-Cortez suggests raising taxes 70% |
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Posted by AlM on Mon Jan 7 14:28:05 2019, in response to Re: Ocasio-Cortez suggests raising taxes 70%, posted by Dave on Mon Jan 7 14:23:27 2019. Have you heard of incremental tax rates?They would pay 70% of their income from 10 million to 11 million, not 70% of the first 10 million. PS. I agree 70% is too high even for an incremental top rate, in large part because of all the other taxes. But it's not as you portray it. |
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