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A comment on Silicon Valley stirs over proposal to end popular QSBS tax break. Parent comment

Re:Silicon Valley stirs over proposal to end popular QSBS ta... by rsynnott on Wednesday September 15, 2021 @06:11AM (#28537298)
> you only need to make like $250k total.

hackernews.txt

> AND the government is taking home more of your money than you do.

No it isn't. The government is taking more than half of the money that you _make at the marginal rate_. You'd want to be earning a lot more than that to have >50% total.

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Re:Silicon Valley stirs over proposal to end popular QSBS ta... by disgruntledphd2 on Wednesday September 15, 2021 @06:18AM (#28537356)
Yeah, I hit the highest marginal rate at about a third of my income, and yet I still only pay approximately one third of my gross as tax yearly.
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