Talk:Income tax
From Conservapedia
-- Proposal to increase income tax? --
50% $720,000.01+
42% $349,700.01 to $720,000.00
39%
33%
28%
19%
8%
The current 35 bracket will be split into two brackets, 42 and 50. All other brackets have the same income definition as before the increase. Also notice that the 10% bracket has been *lowered* to 8%: this is done to give the poor a little something back. Bootmii 22:09, 12 June 2011 (EDT)
- Is this simplification? kinda like the Bradley-Gebhardt Flat Tax with Five Rates. Rob Smith 22:13, 12 June 2011 (EDT)