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View Diary: Do YOU understand how tax brackets work??? (124 comments)

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  •  I had the same thought (1+ / 0-)
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    mike101

    An app or web site that would show how much a person would pay on the first $10K at 10%, next $20K at 15%, etc., and then total them all up. It would clearly show that the extra dollar that bumps someone into the next highest bracket doesn't magically increase their taxes. Of course, that sort of thing relies on arithmetic, so maybe the wingnuts still wouldn't get it, much less believe it.

    Mitt Romney is filthy rich. And if he lost all his money, he'd still be filthy.

    by frsbdg on Mon Nov 19, 2012 at 06:13:44 PM PST

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