re: #52 lawhawk

Thought experiment.

A makes $1.45 million and files married jointly. The new 39.6% tax rate kicks in at 450k. So, instead of paying $350,000 on the $1 million over the $450k, A is now paying $396,000 or $46,000 more. A is still banking $604,000 versus $650,000.

That’s assuming no other tax changes. Only focusing on the rate change on the income over the threshold.

Well, no new car this year …