Joe Nelson
@joe-nelson.bsky.social
As a result of the reduction in the maximum tax rates, here is the impact it’s had on the national debt. So rather than raise taxes on the high income wage earners, this administration feels it would be more efficient to cut government services and social safety nets.
February 22, 2025 at 4:54 AM
As a result of the reduction in the maximum tax rates, here is the impact it’s had on the national debt. So rather than raise taxes on the high income wage earners, this administration feels it would be more efficient to cut government services and social safety nets.
Attached is a graphic that shows how tax policy has changed over the last 40 years. What it shows in the gray background is the max tax rate and the magenta line shows the median tax rate. One trend is declining, the other is flat. Guess who’s benefiting?
February 22, 2025 at 4:15 AM
Attached is a graphic that shows how tax policy has changed over the last 40 years. What it shows in the gray background is the max tax rate and the magenta line shows the median tax rate. One trend is declining, the other is flat. Guess who’s benefiting?