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Re: the income tax
- To: robert
- Subject: Re: the income tax
- From: http://dummy.us.eu.org/robert (Robert)
- Date: Sat, 25 Jul 2026 07:50:13 -0700
It was during the Reagan administration that the number of tax brackets
were reduced and I think that added to the confusion about who pays what
w.r.t. income taxes. It's possible that income taxes are a bad idea, but,
right now, there is no feedback mechanism due to the very low number of
brackets.
https://search.brave.com/ask?q=would+having+more+tax+brackets+aid+in+getting+the+very+wealthy+%28billionaires+and+trillionaires%29+pay+equitable+income+taxes+per+the+progressive+income+tax+system+here+in+the+United+States%3F&conversation=095dc544a0ef638e0c6e8984dc05ebe16d8c