The Soapbox

Shenhoo

Joined: 01/04/2001 Posts: 35224
Likes: 51394


Thanks, MItch, for such thoughtful legislation. From Murdoch's WSJ


WASHINGTON—Some high-income business owners could face marginal tax rates exceeding 100% under the Senate’s tax bill, far beyond the listed rates in the Republican plan.

That means a business owner’s next $100 in earnings, under certain circumstances, would require paying more than $100 in additional federal and state taxes.

Posted: 12/11/2017 at 08:35AM



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