To: springwater13
“new top rate of 52 percent”
And off we go, back to the past, when the top marginal rate crested at around 90%.
5 posted on
01/17/2016 4:22:19 PM PST by
Oceander
To: Oceander
“Should 5% appear too small, be thankful I don’t take it all”.
To: Oceander
That does not include the 15% SSI and Medicare self employment tax or the new 6.5% payroll tax or any state and local taxes that people may have to pay. That is a tax rate of federal taxes at close to 75%. Yeah, that's reasonable!
17 posted on
01/17/2016 4:51:58 PM PST by
Jim from C-Town
(The government is rarely benevolent, often malevolent and never benign!)
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