 Quote by turbo
There is some urban myth that the more money you make, the more you pay in taxes. That resonates with sheeples with little education. Unfortunately, there is no remedial taxation education that informs people that as you push into a higher tax-bracket (Yay!) the taxes that you pay on earlier income do NOT increase. Only the taxes on the higher income.
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As Russ points out, this is a contradiction!
What do you mean about "no remedial taxation education"? I don't know about the US, but taxation is similar here, and it's not as if the tax process is a black box: it's quite clear the rates of tax that individuals are required to pay, given their salary.
Why would you expect people earning over some threshold to be taxed a higher rate on their entire earnings? Surely that discourages people from working hard and succeeding.
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