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Increase Marginal Federal Income Tax Rates on Extremely High Incomes to 49%

Created by E.G. on February 05, 2013

The current top marginal federal income tax rate is 39.6% and it begins at an income level of only $450,000. I think we need to tax extremely high incomes at a higher rate yet. Let's add a 44% bracket beginning at an income level of $2 million, and a 49% for incomes above $10 million.

Budget & Taxes
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