this post was submitted on 21 Feb 2024
30 points (58.6% liked)

General Discussion

12095 readers
17 users here now

Welcome to Lemmy.World General!

This is a community for general discussion where you can get your bearings in the fediverse. Discuss topics & ask questions that don't seem to fit in any other community, or don't have an active community yet.


🪆 About Lemmy World


🧭 Finding CommunitiesFeel free to ask here or over in: !lemmy411@lemmy.ca!

Also keep an eye on:

For more involved tools to find communities to join: check out Lemmyverse!


💬 Additional Discussion Focused Communities:


Rules

Remember, Lemmy World rules also apply here.0. See: Rules for Users.

  1. No bigotry: including racism, sexism, homophobia, transphobia, or xenophobia.
  2. Be respectful. Everyone should feel welcome here.
  3. Be thoughtful and helpful: even with ‘silly’ questions. The world won’t be made better by dismissive comments to others on Lemmy.
  4. Link posts should include some context/opinion in the body text when the title is unaltered, or be titled to encourage discussion.
  5. Posts concerning other instances' activity/decisions are better suited to !fediverse@lemmy.world or !lemmydrama@lemmy.world communities.
  6. No Ads/Spamming.
  7. No NSFW content.

founded 1 year ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] SpaceNoodle@lemmy.world 6 points 9 months ago* (last edited 9 months ago) (2 children)

Ding ding ding

No tax up to $75k, tax brackets with exponential decay reaching 95% at $1MM, all adjusted for inflation annually.

[–] Anticorp@lemmy.world 0 points 9 months ago (1 children)

Percentages adjusted for inflation? Do you mean lower percentage of income is taxed during years with high inflation?

[–] SpaceNoodle@lemmy.world 1 points 9 months ago* (last edited 9 months ago)

The tax bracket limits, obviously.

[–] 3volver@lemmy.world 0 points 9 months ago

This makes sense, I agree to an extent. Abolishing income tax in hindsight is a bit extreme.