Income Tax - the conversation we should be having

[Senexx]

Taxable Income $ ------------------Rate %

0 – 25,000-------------------------------- 0
25,001 – 180,000-------------------------35
180,001 + ---------------------------------45


No more really need be said.

[freediver]

I think it is silly to have it stepped like that. The tax curve should be based on only two points. For example:

Income.........marginal tax rate
<$20000........0%
$20000........10%
>=$100000......45%
between $20k and $100k it increases linearly from 10% to 45%.

This automatically spreads any change over the entire spectrum.

[IQSRLOW]

>=$100000......45%

My guess is that you have never nor ever will be close to earning $100k in your miserable life

[freediver]

You seem to have completely missed the point yet again IQ. I was not suggesting that the marginal rate actually be 45%.

[sprintcyclist]

what about what the leftards have votede for ???


leftard voters = 110 %

rightons = 0.08 %