• 0 Posts
  • 4 Comments
Joined 1 year ago
cake
Cake day: July 17th, 2023

help-circle


  • There is a way to tax people at different rates based on there incomes. Marginally tax rates create brackets were the more inome you make the more taxes you pay porportionally.

    If I make $500,000 in income I would pay more in taxes than someone making $27,000 in income. Creating an additional tax bracket with a higher tax percent could fund social programs.

    There are additional ways to tax and ensure that those who need the money the most get taxed the least, maybe even note at all. You could do this just with the financial disclosure that everyone submits on their taxes every year.