usernamesAreTricky@lemmy.ml to politics @lemmy.world · 4 months agoHarris proposes raising the corporate tax rate to 28%, rolling back a Trump lawwww.nbcnews.comexternal-linkmessage-square120fedilinkarrow-up11.16Karrow-down17cross-posted to: housing_bubble_2@lemmy.worldhousing_bubble_2@lemmy.worldnews@lemmy.world
arrow-up11.15Karrow-down1external-linkHarris proposes raising the corporate tax rate to 28%, rolling back a Trump lawwww.nbcnews.comusernamesAreTricky@lemmy.ml to politics @lemmy.world · 4 months agomessage-square120fedilinkcross-posted to: housing_bubble_2@lemmy.worldhousing_bubble_2@lemmy.worldnews@lemmy.world
minus-squareSendMePhotos@lemmy.worldlinkfedilinkarrow-up21·4 months agoI feel like I pay that now as a peon.
minus-squarebamboo@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up9arrow-down6·4 months agoFor an individual in 2024 to pay 28% of income in federal taxes, you’d have to make $500,000 according to this calculator.
minus-squareLandless2029@lemmy.worldlinkfedilinkarrow-up8·4 months agoState plus federal tax tho? Not to mention health insurance and 401k (to replace pensions). Our take home percentage is much lower than a few decades ago. Not to mention cost of living: housing and food.
I feel like I pay that now as a peon.
For an individual in 2024 to pay 28% of income in federal taxes, you’d have to make $500,000 according to this calculator.
State plus federal tax tho?
Not to mention health insurance and 401k (to replace pensions).
Our take home percentage is much lower than a few decades ago. Not to mention cost of living: housing and food.
Or be self employed.