|
The first set of US federal tax rates when it was allowed by the 16th amendment with adjustments for inflation on the the right: Orig Income Rate Adj Income (2025 Dollars)
Up to $20,000 1% Up to $600,000
$20,000 to $50,000 2% $600,000 to $1,500,000
$50,000 to $75,000 3% $1,500,000 to $2,250,000
$75,000 to $100,000 4% $2,250,000 to $3,000,000
Over $100,000 5% Over $3,000,000
The point being that once you allow the tax, it has a tendency to become more and more. It's much easier to raise income tax than establish it.I don't have a dog in this fight and if it's what the people of Washington want, so be it. (edited for formatting |
Why is it when people are against a tax they typically talk about it in terms of historical context, unintended consequences, interstate migration, while people in favor of the tax almost exclusively appeal to emotional blackmail statements like "paying your fair share" (when something like 40% of the country pays no federal income tax whatsoever) or "good conscience" or assume anyone with any money got it through borderline illegal activities?