The Big Beautiful Bankrupt Barbaric Baffling Bullshit Bill: What the hell else is there to say about it that hasn’t already been said millions of times all over the print and online media. Let’s recap: So why the hell are these people trying so hard to pass a bill that sucks ass and will basically mean their eviction from office? You’d probably answer with something like “fealty to Trump” or “afraid of losing the primary” and I guess there’s a certain way you would be correct. But, that’s not the primary reason. The primary reason is: Because...
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Tax rates, visualized
From Weather Sealed, a chart showing marginal tax rates from 1910 to the present. To illustrate, Weather Sealed’s infographic team charted the historical U.S. income tax brackets for singles, adjusted for inflation, from 1910 to present. The colors indicate the marginal tax rate: black for low, red in the middle, and yellow for high. The horizontal axis is the tax year, and the vertical represents taxable income, log-scale, normalized to 2010 dollars with the Bureau Of Labor Statistics’ monthly CPI-U figures. The bracket data comes from The Tax Foundation and the IRS, and the effects of Social Security,...
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