The Soapbox

BocaHoo91

Joined: 06/03/2005 Posts: 31007
Likes: 52333


I wouldn't have pushed to cut individual taxes and it


was certainly fiscally irresponsible to do so without also cutting spending. But I'm enjoying the lower tax burden this year.

Top marginal rate is still roughly 40% at the federal level. If you live in NY or CA you're north of 50% for the top marginal income tax rate. So it's not like high earners aren't still paying a lot in taxes.

(In response to this post by WahooRQ)

Posted: 01/10/2019 at 1:53PM



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Current Thread:
 
  
Really big economic news -- NJHoo 01/09/2019 9:49PM
  Tax receipts do not equal economic activity. ** -- ConnHoo 01/09/2019 10:54PM
  Economic activity doesn’t pay -- HoosWillWin 01/09/2019 11:29PM
  So it's a good thing we are shutdown? ** -- hoothat 01/09/2019 10:06PM
  Ruh roh raggy -- Hoodeac 01/09/2019 9:55PM

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