Quote Originally Posted by Aaron View Post

I was hoping to educate people on a common misconception about a progressive income tax rate, which is once your income is high enough and you are on 33% it is only every dollar over $70,000 that is taxed at 33% we don’t expect David Hisco to pay more than 10.5% on his first $14,000 same as everyone else as it wouldn’t be fair to expect him to pay any more than anyone else.

Class dismissed.
I did not bother answering because to me it is pretty obvious and self evident. Everybody knows that everyone pays tax at 10.5% on the first $14k etc. Well I presumed everyone did. Most people earning over 70k know that they do not pay 33% on the whole lot only the marginal amount.