Senate Releases Tax Bill Text in ‘Unusually Fast’ March to vote

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‘‘(A) MARRIED INDIVIDUALS FILING JOINT
6 RETURNS AND SURVIVING SPOUSES.—The fol-
7 lowing table shall be applied in lieu of the table
8 contained in subsection (a):

‘‘If taxable income is: The tax is:
Not over $19,050 .......................... 10% of taxable income.
Over $19,050 but not over
$77,400.
$1,905, plus 12% of the excess over
$19,050.
Over $77,400 but not over
$140,000.
$8,907, plus 22% of the excess over
$77,400.
Over $140,000 but not over
$320,000.
$22,679, plus 24% of the excess over
$140,000.
Over $320,000 but not over
$400,000.
$65,879, plus 32% of the excess over
$320,000.
Over $400,000 but not over
$1,000,000.
$91,479, plus 35% of the excess over
$400,000.
Over $1,000,000 ............................ $301,479 plus 38.5% of the excess
over $1,000,000.

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Move fast before the public knows what's in it.

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Move fast before the public knows what's in it

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so 6 brackets? Like I expected, this is not reform. frick them if they try to call it that. This is just moving the sidelines around.

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