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TopicFreedom, Liberty, Ron Paul - The biggest humanitarian disaster of all [dwmf]
SmartMuffin
11/03/17 1:24:32 PM
#336:


The current individual income tax system has seven brackets, with rates ranging from 10 percent to 39.6 percent. The highest bracket applies to income over $418,000 annually for individuals, or $470,000 annually for married couples.

In the GOP tax bill, those seven brackets would be collapsed to four brackets, with rates of 12 percent, 25 percent, 35 percent, and 39.6 percent. The highest rate would kick in at $500,000 for an individual or $1 million for a married couple filing jointly.


Well that's some bullshit.
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