• lmmarsano@lemmynsfw.com
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    6 days ago

    The highest rate is on annual taxable income in the hundreds of thousands and up. The hundreds of billions are also getting taxed that top marginal rate.

    Your statement is muddled. Maybe the word same is missing like

    Everyone in the top bracket shouldn’t be paying the same marginal tax rate. Beyond the start of the current top bracket, the marginal tax rate should continue increasing (for millionaires & billionaires).

    Some of your ideas are confused. Income taxes are already progressive. Taxable income already includes income other than wages. The standard deduction exempts the low 5 figure annual incomes from taxes.

    The way you suggest realizing things that are already true draws into question whether you’ve ever filed taxes. Likewise for the people agreeing with you: have they ever filed taxes?