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・UK
So if I make money from buying and selling stocks, the highest tax bracket that I would pay is 20%.
So if I make money from buying and selling stocks, the highest tax bracket that I would pay is 20%.
All of you bitches that's mad at me probably mad 'cause you ain't in my tax bracket.
Pro'ly mad cause you ain't in my tax bracket
For example, a company with a BAI of 1 has reached complete automation and falls into the highest tax bracket of: a corporate base tax, which is simply today's corporate tax, plus 100% of an automation tax, which is around the same.
A company with a BAI of 0.5 has reached half its automation potential and falls into a medium tax bracket of a corporate base tax plus another 50% of the automation tax rate.
And the United States has a progressive tax system, which means that the more money you make, the higher is going to be your tax bracket, so the more taxes you pay.
And the United States has a progressive tax system, which means that the more money you make, the higher is going to be your tax bracket, so the more taxes you pay.
After adjusting for the various tax brackets and deductions and exemptions, people in the 90% marginal tax bracket actually paid an average effective rate of about 50%.
exemptions, people in the 90 percent marginal tax bracket actually paid an average effective
I mean, the highest marginal tax rate in America is not the marginal tax rate for people in my tax bracket or yours.
people in my tax bracket or yours.
Yeah, I'll be in a whole new tax bracket, we in recession,
and yeah I’ll be in a whole new tax bracket
and why you should go ahead and take that raise that's going to bump you into the next tax bracket.
We're going to talk about why we have taxes, what they do for us, and why you should go ahead and take that raise that's going to bump you into the next tax bracket.
There are less taxpayers in the tax bracket, maybe a bit smaller in a rural town than it would be in New York.
There are less taxpayers in the tax bracket, maybe a bit smaller in a rural town than it would be in New York.
And the problem of that is, in our parents' generation, our parents would take their binoculars and look at the Joneses across the street and be like, "Ooh, the Joneses got a new station wagon." But now, instead of being limited to other people who are in your general income tax bracket, we have unfettered access to everybody on Earth.
And the problem of that is in our parents' generation, our parents would take their binoculars and look at the Joneses across the street and be like, "Ooh, the Joneses got a new station wagon." But now, instead of being limited to other people who are in your general income tax bracket, we have unfettered access to everybody on earth.