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The Water Cooler
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<blockquote data-quote="inactive" data-source="post: 2004341" data-attributes="member: 7488"><p>Except you example is not relevant, as the our tax rates are <em>bracketized</em>, meaning that the initial $49,999 is taxed the same <em>rate </em>in either scenario. The higher <a href="http://www.econlib.org/library/Enc/MarginalTaxRates.html" target="_blank">marginal tax rate</a> would be on any any additional income earned in the higher brackets.</p><p></p><p>I'm a Libertarian too, so I'm not arguing necessarily for a higher tax rate on higher incomes. But I am compelled to correct disinformation.</p></blockquote><p></p>
[QUOTE="inactive, post: 2004341, member: 7488"] Except you example is not relevant, as the our tax rates are [I]bracketized[/I], meaning that the initial $49,999 is taxed the same [I]rate [/I]in either scenario. The higher [URL="http://www.econlib.org/library/Enc/MarginalTaxRates.html"]marginal tax rate[/URL] would be on any any additional income earned in the higher brackets. I'm a Libertarian too, so I'm not arguing necessarily for a higher tax rate on higher incomes. But I am compelled to correct disinformation. [/QUOTE]
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