Yeah so everyone is saying that the issue is that this system stops at the last bracket at 35%. If there was some continuous way to calculate the percentage, this pattern would be able to keep going.
Probably not to 100% (because then the net income would go down) but yeah something like that. And yes you’re right, there are still many loopholes for rich people to avoid taxes so those issues should probably be fixed first. But to be fair I don’t know much about taxes or economics, it’s just an idea I had.
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