- Moderator
- #1,321
if you're in the 29% bracket you do not pay 29% of your income in federal income taxes29%.what tax rate do you pay?
and FYI there is no 29% bracket it's 28%
unless you're tying to tell me you pay a net tax of 29% which means you're in at least the 35% bracket and no one here would believe you make that much
It's so funny how the wealthiest people on USMB (the ones claiming to pay the highest tax rates) are always looking for government to take more, and then are insulted when we question their honestly.
That's because income tax doesn't affect the wealthy. It stops people who work hard from becoming wealthy. Which is the point. The wealthy progressives don't want others with money threatening their power