https://www.bloomberg.com/news/articles/2019-11-15/ocasio-cortez-plans-bill-to-boost-top-individual-tax-rate-to-59 ...59% income-tax rate, combined with federal payroll levies and state and local taxes, means that top earners would be paying around 70%... Edit: for those who are screaming: - I know how tax brackets work. - I read the article, and I've not stated any opinion in the body (I'll in comments) - title is click bait (sorry if you had hard time guessing my intent)
Good job reading OP.
Fuck that
Fuck, I wish I was paying that 70% tax...
Me too, I'd be a billionaire.
Why make billions, when we can make ... Millions?
Haha hahaha
Let's see what they plan to do with the taxes. That's important.
Won’t pass Congress.
Why? Dems will control Congress in 2020.
Even if true, there are a lot of centrists and “swampy” folks within the dem party.
Are you aware of how tax brackets work?
Yes. She's planning to double top bracket. I can assure you that rate for my bracket will significantly rise too.
Wow do people scared of this on Blind even know how income tax works? 70% on your portion of earnings ABOVE $10m people! If you are earning over $10m you aren't on Blind b*tching about leetcode. No one 'needs' to earn $10m per year.
“Need” is subjective.
If the market says you’re worth 10m a year then you’re worth 10m a year. Unless you’re talking about artificial pay (ie politicians, government employees, etc), then ya I agree.
I know Google pays well, but it doesn’t pay _that_ well. Not unless you’re a named exec...
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System Design questions are ultra easy, I don’t get why anyone is complaining…
If you make enough to be one of the ones paying 70%, not only do you deserve to be taxed that heavily, you deserve to be killed and eaten imo.
So you don't want any companies around?
Is a company a person?