Re:U.S. Changes Visa Process for High-Skilled Workers
by kortilla on Thursday January 31, 2019 @05:58PM
(#19049880)
If that were true rich people wouldn’t be paying half of the taxes.
Even when the US had high marginal tax rates for the wealthy, there were tons more loopholes so the effective tax rate was significantly less. That’s the reason people were on board with lowering the marginal rate in exchange for the elimination of lots of deductions.
Even when the US had high marginal tax rates for the wealthy, there were tons more loopholes so the effective tax rate was significantly less. That’s the reason people were on board with lowering the marginal rate in exchange for the elimination of lots of deductions.