@[email protected] to politics • 29 days agoHarris proposes raising the corporate tax rate to 28%, rolling back a Trump lawwww.nbcnews.comexternal-linkmessage-square132fedilinkarrow-up11.17Karrow-down17cross-posted to: housing_bubble_2housing_bubble_2news
arrow-up11.17Karrow-down1external-linkHarris proposes raising the corporate tax rate to 28%, rolling back a Trump lawwww.nbcnews.com@[email protected] to politics • 29 days agomessage-square132fedilinkcross-posted to: housing_bubble_2housing_bubble_2news
minus-square@[email protected]linkfedilinkEnglish3•29 days 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-square@Landless2029link8•29 days 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.
For an individual in 2024 to pay 28% of income in federal taxes, you’d have to make $500,000 according to this calculator.
Or be self employed.
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.