• AA5B@lemmy.world
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      2 hours ago

      Nope, you’re the only one who knows what’s going on!

      I was repeating the number from the person I replied to - it did cross my mind that there’s a higher bracket, but I took the number - the existence of one more bracket doesn’t really change anything. Why do the brackets end when there are so many people so much wealthier? While I understand wealthy people tend to get money through other types of income, and that’s an even bigger issue, we should have more brackets. It seems like everyone agrees to have a partly progressive income tax (disregarding other types of income) with brackets so wealthier people pay a higher percentage, it shouldn’t end at what may be considered the lowest income of the wealthy.

      Edit: 37%