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Message
re: Special Session: Black Caucus issues an ultimatum to increase income tax
Posted on 2/26/18 at 12:07 pm to Harry Caray
Posted on 2/26/18 at 12:07 pm to Harry Caray
quote:
I know math can be hard. Try again.
How it reads is:
Currently, people between $25K and $50K are taxed at 4%.
Proposed, people between $25K and $50K (and up) will be taxed at 6%.
Looking at it more, I realize that it's only that segment of their income taxed at that rate, not all of their income.
1
Posted on 2/26/18 at 12:07 pm to LSUBoo
quote:...that's how tax brackets work
Looking at it more, I realize that it's only that segment of their income taxed at that rate, not all of their income.
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