https://old.reddit.com/r/anime_titties/comments/1dzprjk/frances_new_leftwing_coalition_reveals_plans_to/
![House Racist House Racist](https://i.rdrama.net/i/houses/Racist.webp?x=8)
![@kaamrev's profile picture](https://i.rdrama.net/images/17061067250412173r.webp)
Reported by:
- Patsy : *too
Commies to r-slurred to understand repercussions of crushing their high-end tax base.
- 107
- 104
Top Poster of the Day:
garlicdoors
![](https://i.rdrama.net/images/16998290802689931r.webp)
Current Registered Users: 26,855
![sidebar image](https://i.rdrama.net/assets/images/rDrama/sidebar/2200.webp?x=8)
CURRENT EVENTS:
International Clown Week Banner Contest
30k MB Badge opportunity, 1 week deadlineFind Rightoid Infighting
500 mbux per post, no limitDrama: any incident, scene, gaffe, rumor, opinion, or disagreement that is blown entirely out of proportion.
Do your part to keep our community healthy by blowing everything out of proportion and making literally everything as dramatic as possible.
Rules:
- Asking to see who saved comments/posts=1 day ban
- You must be 18 or older to view this site.
- NO RIGHTWING AGENDAPOSTING.
- Discord users will be banned on sight.
- Don't post anything illegal.
- No sexualizing minors, even as a joke. This includes cartoons.
- No doxxing.
- Using alts to game dramacoin will get you banned.
- Supporting free speech is an immediate ban.
- Absolutely NO anti-CCP sentiment.
- Absolutely NO homophobia, transphobia or furphobia.
- Absolutely NO misgendering.
- Absolutely NO antisemitism.
- Absolutely NO vaccine misinformation.
- You are encouraged to post drama you are involved in.
- You are encouraged to brigade in bad faith.
- You are encouraged to gaslight, to gatekeep, above all else, to girlboss.
- You are encouraged to egg people on to transition or otherwise make drastic life changes.
- Participation implies enthusiastic consent to being mod abused by unstable alcoholic bullies.
Related subreddits:
πππ«π© π°π¨π³ ππ«π
Live commit: 5a46adf
Jump in the discussion.
No email address required.
This won't ever pass lol but people on here need to learn what marginal tax is it seems
Jump in the discussion.
No email address required.
90% marginal tax is essentially a price ceiling on high-value labour.
Jump in the discussion.
No email address required.
All the high value labor was leaving to America anyway.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
educate us
Jump in the discussion.
No email address required.
Marginal tax is the amount payed for the excess income after reaching a determined tax bracket.
Let's asume a 20% for a bracket between 100k and 200k. Asume you earn 150k per year you'll have to pay ((150k-100k)x20)/100 = 10k dollars in tax.
!math !mathematics
@Tonberry
Jump in the discussion.
No email address required.
What? You'd pay 44k at 280k earnings, or 24% of your taxable income. You left off the tax on the first 100k.
You make less than double the other guy but pay more than four times the amount in taxes.
Talk about paying more than your fair share!
Jump in the discussion.
No email address required.
I was giving a simplified example assuming no tax before 100k
Jump in the discussion.
No email address required.
I know. But your math doesn't add up. The 280k earner would pay 100 x 0.2 + 80 x 0.3 = 44, or 24.44444%, not 24k.
Jump in the discussion.
No email address required.
You're right, I'm going to cut the second 200k plus bracket from my example
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
More options
Context
This is technically true but doesn't answer the question at all and is the worst possible way to explain tax brackets.
Jump in the discussion.
No email address required.
More options
Context
In addition to your (200k-100k)x.2 = 20k from the prior bracket, right? (and any other prior brackets)
Jump in the discussion.
No email address required.
Yes, I simplified it. I'm editing my example
Jump in the discussion.
No email address required.
More options
Context
More options
Context
I was 5 mins faster but you explained it better![:marseykneel: :marseykneel:](https://i.rdrama.net/e/marseykneel.webp)
Jump in the discussion.
No email address required.
More options
Context
More options
Context
It means taxing the value of income that exceeds the corresponding tax bracket, not their total income. Say a person is in a β€600k$ bracket and they earned 700k$, only the 100k$ will be taxed 90% not the entire earnings. A 90% tax will still scare off rich people and end up doing more harm than anything but it's not as radical as it may seem at first
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context