this post was submitted on 14 Jul 2026
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Work Reform

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

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[–] AA5B@lemmy.world 1 points 3 weeks ago (1 children)

Our tax system overall should be more progressive

Tax brackets are the fundamental way that income tax is used regressive: the higher your income, the higher percentage you pay on that (marginal) income

In addition to “income” shenanigans available to the wealthy, the highest tax bracket is at $750,000 (couples filing jointly). While that’s certainly a lot of income, the percentage never goes higher. Someone earning that pays the same percentage on marginal income as a ten millionaire or a hundred millionaire or a billionaire. It stops progressing

[–] bss03@infosec.pub 1 points 3 weeks ago

We need to bring back the 92% (marginal) tax bracket.