Lee Duna@lemmy.nz to News@lemmy.worldEnglish · 9 months agoForty-four of 50 US states worsen inequality with ‘upside-down’ taxeswww.theguardian.comexternal-linkmessage-square24fedilinkarrow-up1333arrow-down14
arrow-up1329arrow-down1external-linkForty-four of 50 US states worsen inequality with ‘upside-down’ taxeswww.theguardian.comLee Duna@lemmy.nz to News@lemmy.worldEnglish · 9 months agomessage-square24fedilink
minus-squarenbafantest@lemmy.worldlinkfedilinkarrow-up8·9 months agoIt’s crazy how fast the California tax rate scales as you make more. The difference between like 50k, 100k, 150k and 200k alone is wild. Each step the rate scales so fast
minus-squareMNByChoice@midwest.sociallinkfedilinkarrow-up5·9 months agoIt is wild that California has 5 steps to $66,295. After that the groupings are huge. Very interesting.
minus-squarenbafantest@lemmy.worldlinkfedilinkarrow-up2·9 months agoYeah the tax rate scales up so fast
minus-squareTigrisMorte@kbin.sociallinkfedilinkarrow-up2arrow-down1·9 months agoTranslation: “WAAAHHHH I’m only making 35K more!!!”
minus-squarenbafantest@lemmy.worldlinkfedilinkarrow-up2·9 months agoTaxes are not free of side effects
minus-squareTigrisMorte@kbin.sociallinkfedilinkarrow-up1arrow-down1·9 months agoTrue. Those side effects being things like Health Care, Roads, Schools, First Responders, etc…
It’s crazy how fast the California tax rate scales as you make more. The difference between like 50k, 100k, 150k and 200k alone is wild. Each step the rate scales so fast
It is wild that California has 5 steps to $66,295. After that the groupings are huge. Very interesting.
Yeah the tax rate scales up so fast
Translation: “WAAAHHHH I’m only making 35K more!!!”
Taxes are not free of side effects
True. Those side effects being things like Health Care, Roads, Schools, First Responders, etc…