As long as someone making over 150K is exempt from the first 150K of taxable income, this is a step in the right direction... a step.
You have to keep that fair.. you don't want someone who makes 151K to get penalized. Or even 160K. People should be able to make much, much more... if they have to pay some taxes on the amount over 150K, ok.. whatevers... better than it is.
As long as someone making over 150K is exempt from the first 150K of taxable income, this is a step in the right direction... a step. You have to keep that fair.. you don't want someone who makes 151K to get penalized. Or even 160K. People should be able to make much, much more... if they have to pay some taxes on the amount over 150K, ok.. whatevers... better than it is.
Yes!
This is basically the point I was making but you decided to gaslight
Agreed!
All salaries will become $149,999.99 and they'll hide the rest in bonuses.
Something tells me this is just the first step.