Chip Roy and Gaetz NEED to challenge the speakership IMMEDIATELY I won’t hold my breath waiting!! I am so beyond DONE with the GOP!! This is nothing more than a dog and pony show between the parties they believe WE ARE STUPID!! If they can’t even do away with 87,000 IRS agents SCREW THEM!! We ALL KNOW those agents will be coming after the small businesses in this nation SHUTTING down what Covid didn’t!!! SCREW THE GOP!!! Not a dimes worth of difference, the lives of the fallen we honor today certainly don’t deserve the SCUM we have in government today, the SCUM we have in government today don’t give a damn about these lost lives of this nation!! Those lives are turning in their graves watching this nation arresting political prisoners, disgusting!!!
Just take a look at the tax rates of 1978 Britain:
below £750 - rate of 25 per cent,
otherwise below £7,000 - basic rate of 34 per cent
The next £1,000 40 per cent.
The next £1,000 45 per cent.
The next £1,000 50 per cent.
The next £1,500 55 per cent.
The next £1,500 60 per cent.
The next £2,000 65 per cent.
The next £2,500 70 per cent.
The next £5,500 75 per cent.
The remainder 83 per cent.
That £7,000 is about $100,000 in 2023 money. The 55% bracket kicked in at about $140,000 in 2023 money.
There’s a reason why Joe wants ~80,000 more IRS people, the tax rates are going to go so high that millions of Americans will try to illegally avoid getting fleeced.