They vote for people who promise to raise their taxes, then when they supposedly get higher taxes due to a Republican they scream and cry about having to pay more taxes.
They vote for people who promise to raise their taxes, then when they supposedly get higher taxes due to a Republican they scream and cry about having to pay more taxes.
They cant even get out of their own way.
Serious politics a side. These people are nuts! I mean they say they want higher taxes on high earners. They get it, now they're pissed? WTF
You may. But if you made 200-420k last year, you had to pay more. Just look at 2017 vs 2018 comparison charts. Pretend to made 300k and look what your rate is for each year.
If lazy I’ll tell you. It went up 2%. And at 300k that equates to an additional 6k in taxes.
Check out this link, you might find it interesting.
I punched in for a single filing, from north dartmouth, $300,000 wage.
Your*marginal federal income tax rate*changed from*33.00%*to*35.00%.Your*effective federal income tax rate*changed from*25.86%*to*25.50%.Your federal income taxes*changed from*$77,591*to*$76,490.
Looks like that guy making 300k a year just saved himself a cool $1100 in taxes. You seem to be forgetting that there's tax brackets, the guy making 300k doesn't get taxed 35% on his entire 300k. All those tax cuts in the lower tax brackets help him as well, bringing his effective rate down .36% overall. He still saves money.
I punched in for a single filing, from north dartmouth, $300,000 wage.
Your*marginal federal income tax rate*changed from*33.00%*to*35.00%.Your*effective federal income tax rate*changed from*25.86%*to*25.50%.Your federal income taxes*changed from*$77,591*to*$76,490.
Looks like that guy making 300k a year just saved himself a cool $1100 in taxes. You seem to be forgetting that there's tax brackets, the guy making 300k doesn't get taxed 35% on his entire 300k. All those tax cuts in the lower tax brackets help him as well, bringing his effective rate down .36% overall. He still saves money.
Amazing what happens when facts are actually applied.
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