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(3,397 posts)

1. Nice analysis!

Mon Jan 7, 2019, 08:29 AM

Jan 2019

The best way to explain it is if someone makes $1,000,010, they only get taxed 70% on ten dollars.

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A friend who teaches federal tax law explained to me how marginal tax rates work [View all] ehrnst Jan 2019 OP

Nice analysis! Beakybird Jan 2019 #1

Thanks for remembering that! ewagner Jan 2019 #8

Thanks for explaining that Farmer-Rick Jan 2019 #3

Thanks for Two Reaons Roy Rolling Jan 2019 #4

They have ways to not pay taxes anyway. watoos Jan 2019 #5

Add to this the opportunity for credits and additional deductions cbdo2007 Jan 2019 #6

It drives me insane about how most people don't understand this Dopers_Greed Jan 2019 #7

Most people (including news people) don't understand immigration laws marybourg Jan 2019 #9

How many people are making 7 figures in wage income? Major Nikon Jan 2019 #10

It does make me crazy that reasonably intelligent people don't get this. PoindexterOglethorpe Jan 2019 #11

I can't tell you how much I appreciate this post. LittleGirl Jan 2019 #12

Yeah, but you posted it and shared it. LittleGirl Jan 2019 #28

If there are any millionaires upset with AOC's plan Takket Jan 2019 #13

Far simpler approach brooklynite Jan 2019 #14

In all likelihood the ones that don't understand the tax rates LiberalFighter Jan 2019 #16

And for "qualified dividends" and capitol gains, which wealthy people marybourg Jan 2019 #17

A couple small corrections - but the concept is right and I agree progree Jan 2019 #18

Someone on Twitter had a great theory... forgotmylogin Jan 2019 #21

Thank you this helps tremendously Dem_4_Life Jan 2019 #22

Yep. Remember all the "Joe The Plumbers" who crawled out of the woodwork... Hassin Bin Sober Jan 2019 #24

The rich seem to damn sure understand it. ooky Jan 2019 #25

Good post. I think for a simple way for people to understand it... LuckyCharms Jan 2019 #26

Bookmarked underpants Jan 2019 #27