Hmong republicans brother was telling me 70% tax rate if you go DEMS

[hmgROCK]

Was telling me about how the tax rate is going be like 70%
If we hmong keep voting for DEMS
I ask him how???
Keep in mind…. My background is accounting

I then ask him if he even know how our tax and tax bracket work??

We get marginal tax
Depending on your martial status
First $0-20,000 is 10%
Than $20,000-40,000 is TAX AT 12%
etc….

Once you get to $500,000+++ you start seeing 40-70%

RATE CHANGE EVERY YEAR
HAVENT CHECK THIS YEAR

YOU ARE TOO POOR TO BE TAX AT $500,000+++
Can’t even break 6 figure
Only $32,000
 

[hmgROCK]

Once it get to like $500,000- millions and billions
You will start seeing those crazy 40-90% tax rate

And its only for income over those
That are tax at that rate