The goal is Denmark level taxes in the U.S.
I wrote about this last May. In Denmark, most workers pay 40% to 70% of their annual income as taxes; those are not marginal tax rates but the percent of your income paid as taxes. And here we are: Top earning New Yorkers could face 61.2% combined tax rate under House plan (that would be … Continue reading The goal is Denmark level taxes in the U.S.
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