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2025-12-27 22:12:06 UTC
in reply to

Epistatacadam on Nostr: the one piece I couldn't understand was the concept that someone earning 75k and ...

the one piece I couldn't understand was the concept that someone earning 75k and spending 50k was taxed less than someone earning 50k and spending all of it. Unless he meant the marginal rate. I presumed the tax on 50k spending was the same, so the poorer person got taxed more again.