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Originally Posted by The Mercenary
That is a problem. Why should those who make $249,999 get a break and those who make $250,000 get a penalty on $47,999?
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They don't, dude. The guy who makes $250,000+ is taxed only on the dollars above $250,000, not all the money in between 102 and 250.
I'm not saying I agree with the policy at all, I'm just saying the guy who makes $250 K is not monumentally screwed while the guy who makes $249 gets a free ride.