Tuesday, November 20, 2012

Kevin's Handy Tax Table for Innumerate Rich People

"Too many rich people have no idea how income taxes work. They've heard that Obama wants to raise tax rates on people who make more than $250,000, so they're working on ways to keep their income right at $249,000. After all, if they go over the threshold, they'd suddenly have to pay the higher rate, and it would be a net loss. This isn't true, of course."

Take a look:
http://www.motherjones.com/kevin-drum/2012/11/kevins-handy-tax-table-innumerate-rich-people

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