The top 50% earners now pay 97% of taxes. I have documented that stat.
What's a good number for BO to shoot for in terms of a higher marginal tax rate, and what should be the bottom number for reaching that threshold?
Right now the MTR for the highest earners is 35%( I think), that means every dollar over the set threshold gets taxed at 35%.
What's a good number for BO to shoot for in terms of a higher marginal tax rate, and what should be the bottom number for reaching that threshold?
Right now the MTR for the highest earners is 35%( I think), that means every dollar over the set threshold gets taxed at 35%.