Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I'm talking about rates people actually pay. The listed tax rates are fairly meaningless once individuals pass a certain amount of wealth. Effective rates increase to a point and then drop precipitously once a person has enough wealth to game the system. The richest Americans pay a rate of less than 10%.

https://www.whitehouse.gov/cea/written-materials/2021/09/23/...



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: