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redandgray , 10 months ago Remember that this is a marginal income tax rate, i.e. it does not apply to the first $1 million of taxable annual income, only to the amount in excess of that threshold.
Remember that this is a marginal income tax rate, i.e. it does not apply to the first $1 million of taxable annual income, only to the amount in excess of that threshold.
A 4% income tax on millionaires will make lunch free for Massachusetts K-12 students ( www.npr.org )