usernamesAreTricky@lemmy.ml to politics @lemmy.world · 3 months agoHarris proposes raising the corporate tax rate to 28%, rolling back a Trump lawwww.nbcnews.comexternal-linkmessage-square102fedilinkarrow-up11.13Kcross-posted to: housing_bubble_2@lemmy.worldhousing_bubble_2@lemmy.worldnews@lemmy.world
arrow-up11.13Kexternal-linkHarris proposes raising the corporate tax rate to 28%, rolling back a Trump lawwww.nbcnews.comusernamesAreTricky@lemmy.ml to politics @lemmy.world · 3 months agomessage-square102fedilinkcross-posted to: housing_bubble_2@lemmy.worldhousing_bubble_2@lemmy.worldnews@lemmy.world
minus-squarebamboolinkfedilinkEnglisharrow-up8·3 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-up6·3 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.
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.