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I know this is kind of a lib thing to complain about, but it really is insane how much electoral mileage the GOP gets out of the fact that its own voters don't understand marginal tax rates. (hexbear.net)

submitted 1 month ago by [email protected] to c/[email protected]

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I see this become apparent on social media every so often and it's really just depressing how widespread the misunderstanding is.

51% of Americans who were polled in a 2021 survey agreed with the statement that "You pay your marginal tax rate on all of your income".

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[–] [email protected] 23 points 1 month ago (1 children)

i come from a long line of accountants going back to guys who counted silver coins for some shitty Welsh lord and that's the only reason i ever knew anything about the U.S. tax system

[–] [email protected] 2 points 1 month ago

CPA here. People always ask me about taxes especially when they want to do sketchy shit